Currencies going up / down

[IDtheftV]

Originally Posted by tankhead

Which currencies have been going up & which ones have been going down?

Almost all financial sites have some sort of page like these where you can see how one currency plays off other ones:

Currency, Currencies & Forex Currency Trading - Yahoo! Finance

Foreign Exchange Rates/Currencies - Key Cross Rates - Currency Converter

Of course, no currency chart is complete without comparing real money with the various currencies:

From those above, you can get charts.

=====>>>>> Gold price in varioius currencies - price history <<<<<=====

The best site: StockCharts.com

I've met lots of people who have tried trading forex. I've never met anyone who didn't lose money at it and finally gave up.

I've tried to find a difference between trading Yen or Euro or whatever with gambling, but failed to come up with it.

[ohio_peasant]

The problem for American investors holding foreign equities (even if through index funds!) is the currency exchange-rate fluctuations. Willy nilly, any of us with exposure to investments outside of the US is a de facto currency speculator. In recent months, European and Asian stocks have done decently well. But I'm getting crushed because of the collapse of the Euro.

The reverse was true circa 2007, when the Euro could do no wrong. I fondly remember the days of $1.60 USD = 1EU. My great dread is that before long, we'll return to $0.85 USD = 1EU - and that's going to be a crushing kick in the groin, even if the European stock markets boom (which is unlikely).

Quite possibly, the great economic story of the first 20 years of the 21st century is the unmitigated triumph of American capitalism, over everything else.

[kent_moore]

I don't know, i feel like short selling my investment overseas. Thank God it wasn't in EUR.

[prospectheightsresident]

Does it make sense to buy some Euros now as a short term investment?