Currency Trading

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Currency Trading

Postby Kenny » Mon Jan 14, 2008 9:04 pm

Anyone do currency trading? What are your long term predictions for USD vs EUR, JPY, GBP and CAD? I am very disappointed in Bush and the damage he has done to the US currency pushing Canada passed the USD
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Re: Currency Trading

Postby karanlyons » Mon Jan 14, 2008 9:13 pm

Kenny wrote:Anyone do currency trading?

No.

Kenny wrote:What are your long term predictions for USD vs EUR, JPY, GBP and CAD?

They'll rise and drop as they always have. None of them will fall completely, unless some sort of a war involving these countries (like the US) happens.

Kenny wrote:I am very disappointed in Bush and the damage he has done to the US currency pushing Canada passed the USD

Yeah, because Bush runs the country. He is the sole arbiter of everything that happens in the government. We don't have an elaborate system of checks and balances that means that many have to agree on an actions such as war (like say, Congress) before it can actually happen. Read up on how our government works.
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Re: Currency Trading

Postby Razor » Mon Jan 14, 2008 10:29 pm

Kenny wrote:Anyone do currency trading? What are your long term predictions for USD vs EUR, JPY, GBP and CAD? I am very disappointed in Bush and the damage he has done to the US currency pushing Canada passed the USD


Yes, I currently trade currencies, no I will not tell you what my predictions are, and yes, the dollar is doomed.
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Re: Currency Trading

Postby Admin » Mon Jan 14, 2008 10:33 pm

Razor wrote:
Yes, I currently trade currencies, no I will not tell you what my predictions are, and yes, the dollar is doomed.


Razor, that's not helpful to kenny! He wants AnsweRS! :D Lets use this as a currency trading thread... not a.. im not telling thread.
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Re: Currency Trading

Postby karanlyons » Mon Jan 14, 2008 10:36 pm

The dollar is going to fall a ways, then it'll rise up again once the U.S. gets out of the wars we're in. There's no way the dollar is doomed since the U.S. is still seen as the global superpower (these aren't companies, these are countries with militaries and nuclear weapons).
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