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Where is the won headed
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GENO123



Joined: 28 Jan 2010

PostPosted: Thu Oct 09, 2014 7:32 pm    Post subject: Where is the won headed Reply with quote

Predictions

1200 to the dollar
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KimchiNinja



Joined: 01 May 2012
Location: Gangnam

PostPosted: Thu Oct 09, 2014 7:38 pm    Post subject: Re: Where is the won headed Reply with quote

GENO123 wrote:
Predictions

1200 to the dollar


Any particular reason why?
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GENO123



Joined: 28 Jan 2010

PostPosted: Thu Oct 09, 2014 8:30 pm    Post subject: Reply with quote

Follow the Yen. Will korean be ok when a Kia is more expensive than a Lexus?

Also follow the Euro.

Hint the US is the best horse in the glue factory
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KimchiNinja



Joined: 01 May 2012
Location: Gangnam

PostPosted: Thu Oct 09, 2014 8:39 pm    Post subject: Reply with quote

GENO123 wrote:
Hint the US is the best horse in the glue factory


Well, I didn't understand what any of this meant...
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yfb



Joined: 29 Jan 2009

PostPosted: Thu Oct 09, 2014 9:57 pm    Post subject: Reply with quote

South.
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KimchiNinja



Joined: 01 May 2012
Location: Gangnam

PostPosted: Thu Oct 09, 2014 10:01 pm    Post subject: Reply with quote

yfb wrote:
South.


If we assume "South" means down...then the US/KR spot rate goes down, or the KR/US rate goes down, or what? And why?
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GENO123



Joined: 28 Jan 2010

PostPosted: Thu Oct 09, 2014 10:03 pm    Post subject: Reply with quote

Where is the yen headed? The US is bankrupt but Japan and the EU are in far worse condition.

If the Yen falls Korea will have no choice but to devalue their currency.

Japan is still printing money

As much as the us though their economy is smaller indeed the U S is set to stop
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KimchiNinja



Joined: 01 May 2012
Location: Gangnam

PostPosted: Thu Oct 09, 2014 10:10 pm    Post subject: Reply with quote

Currency markets are complex, and manipulated, I try to not speculate on these things.
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basic69isokay



Joined: 28 Sep 2014
Location: korea

PostPosted: Fri Oct 10, 2014 1:18 am    Post subject: Reply with quote

Depends.
In the long run, its undervalued. Purposely so, to help exports.
In the long run, 800-900 is inevitable.
But this year, next year? Probably hover around 1100
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GENO123



Joined: 28 Jan 2010

PostPosted: Fri Oct 10, 2014 1:38 am    Post subject: Reply with quote

Keep an eye on the Yen the Euro and demographics.
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GENO123



Joined: 28 Jan 2010

PostPosted: Thu Oct 30, 2014 11:56 pm    Post subject: Reply with quote

Burn baby burn disco inferno.
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KimchiNinja



Joined: 01 May 2012
Location: Gangnam

PostPosted: Fri Oct 31, 2014 12:20 am    Post subject: Reply with quote

Nothing particularly extraordinary happening. It hasn't been >1200 since 2010, and one day in 2011...
http://www.bloomberg.com/quote/USDKRW:CUR/chart
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GENO123



Joined: 28 Jan 2010

PostPosted: Fri Oct 31, 2014 12:29 am    Post subject: Reply with quote

Look to the east the wave hasnt hitwhen it does it will reduce the 375 you say you got to rubble. Lexus or kia qhich is more expensive and for how long the won just got weaker as u posted
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nicwr2002



Joined: 17 Aug 2011

PostPosted: Fri Oct 31, 2014 12:42 am    Post subject: Reply with quote

I guess we all better be stock piling gold and precious stones because paper money will be worthless in the future.
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KimchiNinja



Joined: 01 May 2012
Location: Gangnam

PostPosted: Fri Oct 31, 2014 1:02 am    Post subject: Reply with quote

GENO123 wrote:
Look to the east the wave hasnt hitwhen it does it will reduce the 375 you say you got to rubble. Lexus or kia qhich is more expensive and for how long the won just got weaker as u posted


LOL, I really wonder if you were one of the foreigners caught smoking dope. Wink

Can we at least type slowly using proper punctuation and spelling? I thought most people here were English teachers?
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