I’m pretty sure the dollar is making major head way, but is there anything else poised for big gains? Japanese Yen or the Indian Rupee maybe?
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November 25th, 2008 at 7:06 am
Don’t come to yahoo answers for financial advice.
November 25th, 2008 at 7:06 am
Like anything else in the markets, currency has now become very volatile. There used to be a time when a 2cent move in one direction or another would be huge news. Today, we see markets swing in triple digits and currency follow suit.
I am intrigued by the Canadian dollar. It had a huge run during the oil price balloon. It has come back down to near lows recently. Many are predicting the Canadian economy to withstand the most pressure out of the G20 nations. I would suspect that it may make a large jump when energy prices continue to rise (after this pause). I would suspect there are gains to be made there.
Take it all with a grain of salt
Spotless
http://www.webfoolish.com
November 25th, 2008 at 7:06 am
1.Go long on YEN vs Euro, pound, AUD for the december future contract.You have definitely 90% success rate……
November 25th, 2008 at 7:06 am
go to http://groups.yahoo.com/group/Forex_Alerts to get daily forex alerts
November 25th, 2008 at 7:06 am
Trade with major pairs. Yen is not recommended. INR maybe. I trade mostly euro usd.