Should I get American currency? (Help me make some extra money)
Well we all know the situation with the American dollar. I have some money in a oversea bank in several different currencies. When I was younger and when I still lived in Hong Kong, I used to trade currencies to make a little extra. For the past few years I didn't have the time to do this anymore but know since its the summer, I have some time to myself.
So my question is: Will the American dollar continue to drop or will it rebound? Is now the time?
So my question is: Will the American dollar continue to drop or will it rebound? Is now the time?
It is hard to say. I've been monitoring currencies as well and these past one two days, the US$ has strengthened slightly. I don't think you will make that much in currencies unless you go aggressive and short US$. You're not going to make much on pegged currencies like the Durham, HK$ anyway. Just my 0.2!
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Just my opinion...
