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Changing Euros to USD
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Old 01-09-2006, 05:59 PM
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gazuz gazuz is offline
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Default Changing Euros to USD

Hello everyone,

I just sold a house in europe and knwoing the foreign exchange rates I know that a different of a penny will make a huge difference in how much money I actually make. So the sale is for 500,000 Euros.

The question is, when to exchange it?

I want to exchange the money within the month, and from the Daily chart of the EUR/USD I see that it is falling.

Any opinions on this? Should I exchange the money and run or wait a bit?

Thanks in advance


P.S. just to see the big picture, the difference of one cent is $5,000 dollars difference
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