If you have Euros ditch them

[whitedesire]

With the QE programme in place for the Eurobloc countries, the Euro has plumetted over the past few weeks, morever, it keeps going down albeit bit by bit - they reckon because of the QE, it could lose a further 10-20% - if you have lots of them, I would ditch them for dollars or sterling.

[Jun]

For every expert who thinks the Euro could lose another 10~20%, there is an expert who thinks it will gain 10~20%.
If not, the additional 10~20% drop would have already happened.

Anyone who is smart enough to be ahead of the currency markets on these matters probably doesn't need to take financial advice here.

Also, if you need to spend money in Euros, it's safer to hold some Euros.
If you're from the US and living in Thailand, unless you're George Soros, why would you be holding Euros anyway?

[atri1666]

I saved lots of my fortune already in goldbars when the price was low enough. I bought in the past lots of swiss francs and pounds. So i am becalmed for the black future. I never will be a friend of the Euro.

[Jun]

I never will be a friend of the Euro.

Currencies are temporary. Especially the Euro.