FOREX | v se7en, the market is very SucKy
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 Apr 13 2010, 12:30 PM
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#1
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Senior Member
851 posts Joined: May 2005  
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I have plenty money to invest. Convert RM to Sterling, then open Sterling FD with local commercial bank. 1 or 2 years later, sell my FD and change to RM. Any comment, people? Workable? Because I foresee Sterling will appreciate in the future as 2012 Olympics held in UK.
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Apr 13 2010, 12:53 PM
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#2
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Senior Member
851 posts Joined: May 2005
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QUOTE(Sham903n @ Apr 13 2010, 12:47 PM) might be the other way around... if pound is too expensive.. people might be put off from going to expensive place and spending money there... if pound is cheap... retail sales increase economy happy.. But Olympics is a world class sports event. There'll be for sure many tourists/visitors to go UK since this is a 4 years once sports event. Demand for Sterling will be increased accordingly; and the value will definitely go up. Don't you think so? |
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