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ForEx question

Started by Roulette787, October 05, 2008, 05:24:27 PM

0 Members and 1 Guest are viewing this topic.

Roulette787

I need to send some money to a friend in US from Australia. (about AUD 6,000)


The exchange rate is the lowest since 2007 now. (AUD to USD)  :-[
Will it continue to fall during this/next week?

Or is it better to send it now anyway?



Cheers,
R787.




Proofreaders2000

Send it now, currentky the US debt is hurting the value of the dollar.  Unless there is a something that happens in the upcoming weeks from the U.S. government that signals to investors that U.S. economy is on the mend, waiting may cost you by the day.

Proofreaders2000

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