Our valued sponsor

Please support us by disabling AdBlocker on our website.
Sword and Shield
Please support us by disabling AdBlocker on our website.

USD losing value vs. EUR

Belfort

Member Plus
Dec 3, 2023
92
149
43
EU
I’m in the EU and have all my liquid cash in USD, because I think the EU will eventually collapse. Now the USD keep losing value vs. EUR and leaving me uneasy with my choice.

What do you think the future holds for USD?
 
I’m in the EU and have all my liquid cash in USD, because I think the EU will eventually collapse. Now the USD keep losing value vs. EUR and leaving me uneasy with my choice.

What do you think the future holds for USD?

Be Patient. (btw you had the possibility to swap not long time ago at 1.02/1.03)..
 
What do you think the future holds for USD?

Currency markets are speculative. No one knows where exchange rate will go long term other than it will lose real world purchasing power to inflation over time like it has done throughout history.

I’m in the EU and have all my liquid cash in USD, because I think the EU will eventually collapse. Now the USD keep losing value vs. EUR and leaving me uneasy with my choice.

Looking at a currency movement over short time frame (less than a year) and contemplating any decision based on that is pointless. But worse still is putting all your eggs (liquid cash) in one basket.
 
  • Like
Reactions: JohnnyDoe