SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William H Huebl who wrote (74994)3/18/2007 11:13:23 AM
From: Moominoid  Read Replies (1) of 94695
 
I find technicals on currencies hard to predict much at all. Part of the problem maybe that they are traded 24 hours a day. Though actually the short-run I think is a little easier. Another that unless a country has a higher or lower than average rate of inflation there isn't a persistent trend like there is in stock prices or even commodities.

BTW, my Mom doesn't have an opinion on this :) I advise her what to do. So my fault if she screws up. Pounds and Euros are two of the World's most expensive currencies in purchasing power terms. So I think can't be a bad idea to reduce exposure to them. On my end, the Aussie is no longer particularly cheap so I stopped sending my savings back to Australia from here and will soon start shifting dividends and distributions I receive there to the US. But no wholesale liquidation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext