taking a minimum 12 month view. Does taking a position on a spread of curencies (say canadian $, JPY and UK pound) sound at all sensible?
2007-06-30 00:18:04 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Valentino - i dont know, thats why im asking
2007-06-30 00:27:40 · update #1
euro is the best for time being
2007-06-30 00:32:40 · answer #1 · answered by Prasath R 1 · 0⤊ 0⤋
This is nuts. The experts can't agree on what will happen in 20 seconds and you want a 12 month view!!!!!!!!!!!!!!!
You apperently have no idea of the level of risk you take with this idea. You should investigate more before you move in this direction.
2007-06-30 01:24:20 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋
In terms of quick profit Euro is the best since the spreads are very tight..However one needs to consider technical indicators also..
http://the-forex-trading.blogspot.com
fxcm.com
2007-07-01 10:01:56 · answer #3 · answered by rahul 3 · 0⤊ 0⤋
i guess the best currency to trade against the us $ is the gbp & eur
2007-07-02 18:20:42 · answer #4 · answered by dilan k 1 · 0⤊ 0⤋
Do you think that is so easy????
2007-06-30 00:25:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋