perhaps neither?
2006-07-09 00:15:01 · 6 answers · asked by ABC 3 in Business & Finance ➔ Investing
euros look OK for now; rubles for a high risk high rise; but dollars will seem undervalued sooner or later
2006-07-09 00:22:29 · answer #1 · answered by wild_eep 6 · 3⤊ 0⤋
Dollar is being supported by interest rate cycle but once this goes it will be dragged down by its trade deficit problems...even US have said they wont stop the dollar weakening.
US Fed have indicated that the rate rise may be paused while economic data is evaluated...but it wont raise rates too much further as US economy cant take rates above 5% for too long. So we cant be too far from rate rise peak...which after that occurs the only way for US dollar is down.
2006-07-09 11:44:23 · answer #2 · answered by Damien A 2 · 0⤊ 0⤋
Perhaps one should plump for the RenMinBi
Yuan in written form
Kuai in spoken form
2006-07-09 00:23:28 · answer #3 · answered by Useless 5 · 0⤊ 0⤋
I think that the yen is a good investment right now. But you never waste money if you go with gold.
2006-07-09 00:22:41 · answer #4 · answered by cmpbush 4 · 0⤊ 0⤋
the dollor is really crap right now and we have 3ooo of them but are hanging on to them
2006-07-09 02:50:03 · answer #5 · answered by womam12 5 · 0⤊ 0⤋
$$$$$$$$$$$$ssssss EVERY TIME
2006-07-09 00:20:08 · answer #6 · answered by jaybirdladybug 2 · 0⤊ 0⤋