Forex Digest

I'm very new to investing but I'd like to start and was looking at buying krugerrands. At the moment though the price of gold is sky-high and may rise or fall... I was just wondering if this has anything to do with the rand/ dollar exchange rate as gold is bought in dollars. And since the 2010 world cup soccer is held in South Africa next year, I'm guessing the rand will become stronger. (Am I wrong?) Should I invest now, or should I rather wait until the rand is stronger?

I suggest waiting until Rand is stronger

2009-04-29 09:09:08 by Tony

Nil

I'm going to New York towards the end of March and I'm wondering when would be the best time to get my money exchanged. I can change all my money right now or wait to see if the exchange rate will go up. So I guess that's what I'm asking. Is the US Dollar exchange rate likely to go up or down over the next few months. I will be changing Sterling for US Dollars. Thanks for any advice.

If I knew that with any certainty, you could take that money, buy leveraged dollar contracts and buy a first class ticket for yourself. Trouble is, nobody knows the answer to that question.

2009-01-09 14:28:19 by vneilv

In recent days we see the American economy is on a strong downward trend. One would expect the Dollar exchange rate to go down against international currencies still we see that it does the contrary sometimes moving at more than 10% a day. Can you please explain what drives the trend?

2008-10-09 05:03:03 by Amir P

I just need to have a list of the September 2009 peso- dollar exchange rate. Anyone, please show me a website where I can have it.

sorry don't have any idea

2009-09-26 17:46:48 by th_r0cker

I am not an economist. If the USA runs up debt serviced by bonds, at present China buys the debt as bonds, gilts etc. This sounds ominous. This encourages US debt and keeps bond yields low, as they can easily find a buyer at present ? Surely it can all go horribly wrong if China, amongst others, stop buying ? My real question is why do they buy up US debt? What is the advantage for China in terms of dollar yuan exchange rates ?

The advantage for China is that it keeps exports high, keeping the economy growing and the people happy.
They have a lot of US dollars from the export business, so they invest in US dollar assets. They keep thier reserves of US dollars high to keep thier currency peg in place.
If China stopped buying what would happen? I suspect that the US dollar would loose value, and imports to the US decrease, exports increase, a bit inflationary for the US, and might push up interest rates a bit, increasing the savings rate at home, would not be a bad thing. I doubt it would spell any sort of catastrophy.

2008-11-11 04:14:50 by awindsor200