What you are experiencing is the usual forex management issues and concerns of most international businesses, and the USD being under pressure is nothing new.
Here are two prime examples to consider :
1) The long downward trand of the USD.
In the last four years the USD has dropped from parity with the EURO to the current state where a EURO is worth USD 1.42. I remember negotiating advertising fees in EUROS at 1:1 – boy does that seem like a good decision now !
:tongue:
2) The US stock market going up is simply reflecting falling USD values.
I’ve seen many posts on different boards about the great “US stock rally” which is up 25% over the last four months since end of March. But the reality is the the USD has dropped 12% against world currencies in that time, and as much as 25%-30% against strong currencies (CAD, EURO, AUD and NZD) meaning that most of the “gains” are only in terms of being more USD – and for foreign investors it has not not actually an increase in wealth in local currency terms.
So you are making a little bit of sense … but …
It really only makes sense if all your players are US citizens.
If they are not US players then their foreign currency deposits will be worth more USD, and you’ll earn more USD, even though each USD will be worth less – so it sort of balances out.
The dropping affect on USD will be less than a total dive
The USD will always be worth something substantial over the next 2,3,5 or even 10 years … even if this devaluing trend does continue.