Icelandic Kroner

[price777999]

Anyone know anything about the Icelandic Kroner ?

can it drop any more ?

 

[Lee Shepherd]

What do YOU know about the icelandic kroner???????

Hey, what about fluffy teddy bears??

Come on mate, what you playing at?

You started a thread on lumber now on icelandic kroner, you say your a newbie wannabe trader, why not start on a popular market you can readily get info on and from a lot of traders as advised on your last thread as oppose to specialist markets.

 

[price777999]

Shepherd if you have nothing useful to say shut up.

 

[Lee Shepherd]

Shepherd if you have nothing useful to say shut up.

LOL,

You've just made an instant friend.

You love me really.

 

[fifty2aces]

Anyone know anything about the Icelandic Kroner ?

can it drop any more ?

I haven't looked at the chart, and don't know the fundamentals, but my opinion would be that it can drop further. Or go higher. And a period of consolidation is possible.

 

[A Dashing Blade]

It's one side of a carry-trade, has been for 18 months or so

 

[price777999]

well i have a bank account in Iceland that is offering 15% interest so its tempting to stick a few k in there ,but if the kroner drops again would be a fruker.

 

[Lee Shepherd]

Sounds like a sound reason to put your money into.

 

[price777999]

Just make sure the bank is solvent

Glitnir Bank pre tax profit Q2 down 32% but they say core income up wat ever that means ?

 

[price777999]

here is a chart of the Icelandic Kroner

PACIFIC Exchange Rate Service

 

[fifty2aces]

It could easily drop further.

 

[price777999]

glad i didnt send my money there ,the kronar has crashed again and my bank has been nationalized.