Quote:
Originally Posted by HelloHello
Hi guys,
I desperately need some help. Few months ago I converted my USD savings into Euros and put it in a savings account in Euros. I got good interest rate, however, the EURO has been depreciating against the USD so in the end, the money I made off the interest is still a loss, because the dollar is stronger now. So what do I do with my savings? Should I convert them back to USD and keep them in a USD savings?
I tried to find some USD/EURO forecasts, but I do not know any good trustworthy sources..
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I would say, you should convert back. Euro has been falling in comparison of US dollar and speculations say that it might go down further. So, just conver back