either Sterling, USD ,Euro,or swiss francs
2006-06-12 22:05:42 · 6 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
always go for a currency basket , make changes according to situation and economic data ( $ , euro , gold , swiss , yen)
2006-06-12 22:13:42 · answer #1 · answered by forex 6 · 0⤊ 0⤋
Investing is a tough desicion- but with experience you can sense the change in a second.
But here are a few pointers to look at:
you have to research the history of every currency you are thinking of investing in,... So how can you do that?
Sterlings are always stable always high
USD $ well have currently unstable features ( bec of the war, terrorist attacks,...) but have had a history of stability before the war
Euros ... is being widely used - chalenging exchange rates, businesses are changing from USD$ to Euros
Swiss Francs... It has shown long lasting stability ... of being a low cost currency..
Make your choice wisely....
Best of luck
AAD
2006-06-13 05:41:02 · answer #2 · answered by miro60s 1 · 0⤊ 0⤋
If you are asking this question, you are probably not ready for Foreign currency exchange. The answer to your question depends on 1) what currency you are selling, 2) your time frame for clearing your position and 3) how much risk you are willing to take. For ex is highly volatile. Stick to something less volatile.
2006-06-19 21:51:11 · answer #3 · answered by ricketysplickity 2 · 0⤊ 0⤋
euro and then in swiss francs
2006-06-13 05:09:56 · answer #4 · answered by torraks 3 · 0⤊ 0⤋
hey,
Investment in euro is the best one as it fetches high value.
2006-06-13 05:12:07 · answer #5 · answered by mba_2006 1 · 0⤊ 0⤋
In US $, being stable in most of the times.
2006-06-13 05:10:15 · answer #6 · answered by Nawaz 1 · 0⤊ 0⤋