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Hello Gabe,
You wrote:
> COMMENT: Hello, big boy FX trader ! You have not said which currency
> the USD has fallen against from 2.8490 to 1.2083.
I am looking at the USD/CHF pair...
> The USD will continue to be the World's premier currency for
> International trade; talks about the Euro taking some of the strain
> are premature.
>
> Time to buy USD and big time...average out, buy a set amount against
> your local currency every month and I think you will come out okay!
> If the USD falls your currency buys more every month....at some point
> it will turn and you will make a killing.
>
> Now I am putting my reputation on the line... having been Chief dealer
> of an American Bank.
Sound advice, btw USD/CHF and EUR/USD are the only
pairs I hedge trade as FX Manager, Angel Assets.
Cheers!
Orlando
