Hi all,
Was wondering if I could have some advise. I've got $190000 sitting in an Escrow account, and unfortunately I missed the boat on the recent low of 1.48. Is there anything in the pipeline that could swing the current exchange rate from 1.54 down to say 1.50? Or is it likely to hit 1.55 and climb higher? I need to convert this money in the next four weeks at an absolute maximum, so trying to figure out what the funk I should... hold out and take a risk, or cash in now.
Was wondering if I could have some advise. I've got $190000 sitting in an Escrow account, and unfortunately I missed the boat on the recent low of 1.48. Is there anything in the pipeline that could swing the current exchange rate from 1.54 down to say 1.50? Or is it likely to hit 1.55 and climb higher? I need to convert this money in the next four weeks at an absolute maximum, so trying to figure out what the funk I should... hold out and take a risk, or cash in now.