The USD v The Elections

[Addicted To Disney]

A question for any of you financial experts out there
With the usd running at 1.74+ what do you think will happen post American election
We are going in December and am unsure when to buy

 

[Daftman]

The rate should hold until after the elections but the forecast after this is not looking very promising and for the early part of 2005 they reckon it will drop by quite a lot.My advice would be to get some now while the rates are pretty good and then see how it goes, having said that if the financial forecasters are anything like weather forecasters then its anyones guess

Sean.

 

[Daftman]

Sorry didn't notice the fact that you are going in December,so would advise to buy now especially as onlinefx are currently offering 1.7880, best rate available at the moment.

Sean.