11-25-2006
The USD is going down
This week the US dollar has been decreasing against many of the major currencies like Euro, Pund, Yen and Swedish Krona. Many experts belive this will continue for some time, so I guess you have to more your investments to other currencies like Euro.
In “Watch out for the dollar!” on the 23rd of June this year I posted some outlooks from a few Swedsih banks. According to the 6 month forecast it looks like Nordea, Föreningssparbanken and Handelsbanken are most correct. If they continue to be correct about the dollar we should see a dollar at the same level as today in about 12 months.
Posted by bylla in Currency, Economics, English | RSS 2.0
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