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Old 05-19-2008, 06:57 AM   #1 (permalink)
neak
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$ + € + £ Relations.

After getting more and more into the business I realise that half the work is optimising sites and the other half is optimising your money so being in the UK we get charged for everything as per usual so at the moment I'm putting my cheques into a dollar account which I can withdraw when the dollar gets better.

Has anyone got any resource sites to keep an eye on the relationship between currencies particularly the dollar, euro and pound? Cheers!
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Old 05-19-2008, 07:18 AM   #2 (permalink)
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Hm the question is if the dollar will go up, and when will it raise?!
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Old 05-19-2008, 09:15 AM   #3 (permalink)
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Yep I am doing the same with dollar checks. Tehre are european sponsors you can promote that pay out in Euros or sponsors that can keep your account in euro (however, they charge in USD) I think I've seen couple of UK sponsors that pay out in pounds.
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Old 05-19-2008, 09:59 AM   #4 (permalink)
neak
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Quote:
Originally Posted by Paul&John View Post
Hm the question is if the dollar will go up, and when will it raise?!
I've heard that it will sort itself out 'when the foreign markets stabilize' but I have no idea what that means and want to find somewhere to read up on it
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Old 05-19-2008, 10:19 AM   #5 (permalink)
Adriaan
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Quote:
Originally Posted by neak View Post
I've heard that it will sort itself out 'when the foreign markets stabilize' but I have no idea what that means and want to find somewhere to read up on it
It will sort itself out when the American export will improve drasticly. But that's something I don't see happen. Well... Because the dollar is really low some US businesses will profit from this.

But in my opinion it's far from enough. The US economy needs a huge boost and I prefer it very very quick!
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Old 05-19-2008, 02:17 PM   #6 (permalink)
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It's going to get a lot worse before it gets better. Here's why YouTube - American Dollar Collapse
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Old 05-19-2008, 02:33 PM   #7 (permalink)
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XE.com - The World's Favorite Currency and Foreign Exchange Site Hope it helps.
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Old 05-20-2008, 02:56 AM   #8 (permalink)
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I hope that $ will rise again, in this moment its going up little bit but still its not enough.
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Old 05-20-2008, 03:15 AM   #9 (permalink)
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I wouldn't hang on to dollars. It's probably better to use a current account, and save the cost of currency conversions on payments to US suppliers.
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