johnny reb
3 Jan 2015
Law / USD shooting up so high for PLN [76]
And what does that have to do with this thread ?
To get back on thread here.................
quote by Pigsy:
The U.S. dollar is now at a nine year high.
Demand for the dollar goes beyond just the weakness of the euro, the softness of the Chinese economy, the weakness of oil prices and their impact on a many currencies, the emerging market funds, all add up to a stronger dollar.
The euro dollar could still continue the downslide especially if the ESB goes ahead with quantative easing. (QE)
This will not only be limited to the euro but also the Zloty.
quote by CMS:
I would have to agree with you that the zloty will be very close to that in January if not more.
The global economy is on a very thin string right now.
And what does that have to do with this thread ?
To get back on thread here.................
quote by Pigsy:
I am wondering to cash the $s or wait for it to go up more,not that anyone can predict but anyone have any ideas if it will keep on going up or its at its peak?
The U.S. dollar is now at a nine year high.
Demand for the dollar goes beyond just the weakness of the euro, the softness of the Chinese economy, the weakness of oil prices and their impact on a many currencies, the emerging market funds, all add up to a stronger dollar.
The euro dollar could still continue the downslide especially if the ESB goes ahead with quantative easing. (QE)
This will not only be limited to the euro but also the Zloty.
quote by CMS:
The government normally buys a load of zloty at the end of the year for political reasons - that will strengthen the zloty a little for a few days but in january i expect 3.65
I would have to agree with you that the zloty will be very close to that in January if not more.
The global economy is on a very thin string right now.