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Should I get American currency? (Help me make some extra money)

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Old Jul 9, 2003 | 10:09 AM
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Default 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?
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Old Jul 10, 2003 | 10:51 AM
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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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Old Jul 10, 2003 | 10:53 AM
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well I don't plan on making a living on it. Its more of a hobby I guess.
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Old Jul 10, 2003 | 11:09 AM
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Well, you'd do better putting all of your money on EBAY and letting it ride for a week than in currencies right now Just my opinion...
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Old Jul 11, 2003 | 05:57 AM
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lol. ok
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