Impacts of Falling Dollar?
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kasper
Apprentice
Joined: 17 Dec 2004
Posts: 6
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 Posted: 11/10/07 - 05:57 Post subject: |
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| I am not into economics and finance but I have noticed that dollar is falling on the market. I want to know if this trend is going to have an impact on investments overseas. Moreover, I want to know if I am going to loose any money. I am especially interested in Europe market and can it be effected buy this fall of dollar. |
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bail
Apprentice
Joined: 21 Dec 2006
Posts: 2
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| Posted: 12/10/07 - 03:47 Post subject: |
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| My opinion is that you will not loose any money. On the contrary you will earn some more. When the dollar is falling it has the repercussions in the EU as well as in non EU counties. But the thing is that in EU countries euro is getting stronger comparing it to dollar. If your shares or investments are in euro you will most probably gain more money. But if this trend persists it will have the affect of pushing up the rates what will lower the shares value. So the thing is that you should not worry. You will not loose money you will probably earn some which is not going to be that much. Your investments are safe. |
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