Foreign Exchange Yen To Peso
Lets say I Have $ 5 million dollars to spend on Foreign Exchange Currencies Which should I buy four out of These:
ADSENSE
My Aim Is to play the part of a currency Different trader and to trade curtrencies to Increase the value of the currency Actually I am holding. I Have $ 5 million USD to spend on the Following Currencies: (I want to use atleast 4 of them) Euro Australian Dollar Pound Sterling Yen Hong Kong Dollar Franc (Switzerland) Peso (Mexico) Lire (Turkey) Krone (Norway) Rouble (Russia) Rupee (India) Baht (Thailand) I want to make as much money as possible. Currencies Which should I buy and why? And when to back Converted Into dollars, how much I will make profit from currency That today. Use March 5th today's forex rates) on this site if Needs be: http://www.xe.com/ucc
This is not a well-specified question …. How long do you plan to hold the Currencies – 5 minutes? 1 day? 1 year? The trading strategy would be very Different. If you plan to hold them very short-term, Recent Movements Then looking at is your best bet. However, the longer you plan to hold them, the more you should start looking at the fundamentals in Each Economic underlyling country – Especially Likely Changes in Interest Rates.
Week Ahead Trading Outlook (FX Technicals)
