Yup, you are missing something. The exchange rate stays the same. Hell, if there was profit to be made toying with the exchange rates, everyone would do it and make profit. The only was you can make any profit from that is if you buy a whole lot of euros when the exchange rate is favorable, and sell when/if it swing the other way. For example, right now 1€ is around 1,44$. So basically if you now buy 1000€, it would cost you $1444. If dollar goes down again like before when it hit about 1.70 to 1€, then you would make $1700 selling that 1000€ you bought earlier. Get it? Maybe I explained it a little bad, but anyway.
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Limit poker is a science, but no-limit is an art. In limit you are shooting at a target. In no-limit, the target comes alive and shoots back at you. |