Should I sell my US dollar and buy some Euro now?
By wnbwnbwnb
@wnbwnbwnb (426)
China
March 29, 2008 8:24am CST
I will go to Europe for a couple of monthes,and now,I am wondering wether it is the right time to change my dollar into Euro.
I believe the long-term appreciation of Euro,however,the U.S. dollar to Euro exchange rate is decreasing significantly recently,so I am wondering wether I should wait for a couple of days to do that deal.
So, what do you think about that?Is there anyone who can help me analyze it?
Thanks!
1 person likes this
2 responses
@trader (17)
•
21 May 08
i think you can buy some more EURO for now coz Euro is appreciating against the dollar. Euro rose to the highest in more than 3 weeks against the dollar and the U.K pound after an industry survey showed that german business confidence unexpectedly increased in the month of May'2008. So i think you can invest in EURO for now.
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