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Should I change my Dollars for Euros?

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Old 09-16-2008, 01:12 PM
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Should I change my Dollars for Euros?

Is this a wise desicion? People tell me the Dollar value is gonna keep going down while the Euro goes up. Discuss...
Old 09-16-2008, 01:14 PM
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I thought the dollar has been rebounding lately.
Old 09-16-2008, 01:20 PM
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Originally Posted by juruki
Is this a wise desicion? People tell me the Dollar value is gonna keep going down while the Euro goes up. Discuss...
You want to exchange your dollars for euros? What are you going to do with all that hard currency in euros? You can't use it, it needs to be exchanged back to US dollars for use.

Not to mention the dollar (as of late) has been rallying back up against the euro.

You should have thought more about this a year or two ago.
Old 09-16-2008, 01:24 PM
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Are you going to Germany, too?

As mentioned, you already missed the boat. Plus, you have to factor in exchange fees which will cut into any possible profits.
Old 09-16-2008, 01:26 PM
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No, I wouldn't. Though we are in difficult economic times right now, the European nations are just about to dip into the "recession" that we are currently engulfed in. We will start to climb out of the hole that we are in now but Europe is just about to fall into it, according to analysts who I listen to.
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