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Do you think will US dollar continue to rise or fall back? Poll and give us your invaluable reasons!
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17Up Up, continue to rise...41.18%7Stay at the current rate until next year35.29%6Fall..23.53%4Click [URL="http://lumeworks.blogspot.com/"]Lumeworks[/URL]- injecting art into a timeless zone..
[IMG]http://i395.photobucket.com/albums/pp33/reed_1984/2777918255.jpg[/IMG] -
It should rise alittle...
But I hope it drops...then I can shop
Sometimes forgotten, but always contactable. Darkangel (2007-2014) -
raise until end of year, but fall back after new year *imo* as more and more people are getting weary, alot of americans are converting back to USD, hence a short term spike in USD value.[U]Currently wearing[/U]:
[SIZE="1"]TT Datejust with diamond dial - sold!
Blue 6694
Seiko SD-lookalike[/SIZE]
[U]"My collection"[/U]:
[SIZE="1"]Blue 6694; TT DJ w diamond dial.[/SIZE]Comment
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I do shop a lot on US websites and freak they now cost singapore around $30 more ...Click [URL="http://lumeworks.blogspot.com/"]Lumeworks[/URL]- injecting art into a timeless zone..
[IMG]http://i395.photobucket.com/albums/pp33/reed_1984/2777918255.jpg[/IMG]Comment
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Yes...that's why I am holding back nowOriginally posted by crimewatch View Post
Sometimes forgotten, but always contactable. Darkangel (2007-2014)Comment
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Given that gold price continue to fall, US$ should rise to ard 1.6 level....Comment
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so am iOriginally posted by Darkangel View PostYes...that's why I am holding back now
just when i want to do some purchase my AUD drop like crap!
[U]Currently wearing[/U]:
[SIZE="1"]TT Datejust with diamond dial - sold!
Blue 6694
Seiko SD-lookalike[/SIZE]
[U]"My collection"[/U]:
[SIZE="1"]Blue 6694; TT DJ w diamond dial.[/SIZE]Comment
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Against SGD? Or on a global basis?
On a global basis... the USD would be the de facto currency to hold during a recession. So demand for USD wouldn't lessen during this period.
As for vs. SGD... that depends if MAS will continue keep its monetary policy loose. Now... imports (in USD) expensive, export (SGD) cheap. But I think it'll stay around 1.5+ for the time being.The ArmchairEconomistComment
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