Dollar is not a popular currency

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Old Nov 23, 2009, 6:57am   #1
Joined Apr 2009
Dollar is not a popular currency

Dollar is not a popular currency these days since investors are keen on buying high yielding currencies like euro and sterling. According to George Soros, a billionaire investor, dollar is creating "dangerous imbalances". And another expert, Dominique Strauss-Kahn, the managing director of the International Monetary Fund, thinks there will be a new currency like dollar which will dominate the world currency in 10 years time.


The euro rose to $1.4956. The pound was down 0.4% at $1.6736. While the euro nudged up to 89.38p. The yen was little changed against the dollar around the 89 yen area.
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Old Nov 23, 2009, 7:53am   #2
Joined Feb 2008
high yielding currencies like euro and sterling.

you're an idiot.

mods-can we please do somethign about this drivel. not only is it annoying but it's wrong and a day old.
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Old Nov 23, 2009, 8:19am   #3
 
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Why look on such short time horizons as ten years ahead, that's just scalping if you ask me! I tend to trade based on what's going to happen 100years ahead. My point of view is that there will be no financial system and no more 'money' as you know it, just Star Trek style 'replicators' in which any good is instantly produced at your whim. Therefore I am shorting everything.
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