These are the best currencys to invest in
1. US Dollar
The US Dollar will weaken due to the massive trade deficit and that interest rates are not expected to rise. However because it is the international currency and that many countries hold their foreign reserves in the US dollar, the downward trend might be slow. Some countries such as China has been moving to a diversified holding of foreign currency as they view the US dollar to be weakening in the long term.
2. Sterling
The sterling accounts for 12 percent of all foreign reserves held by governments worldwide. Britain has a huge trade deficit and 486.7 Billion pounds in public sector debt. Goldman Sachs is saying that the pound is overvalued at 13%.
3. Euro
The euro might strengthen given that if central banks diversify away from the US dollar, the euro will be well placed to replace it as the next best international currency. Other factors for the strengthening of the euro will be that Inflation in the 13 nations that share the euro currency slowed by more than expected to 1.8 percent in January and better than expected unemployment rate. Business climate is also expected to be better and interest rates are expected to be risen to 4 percent during the second quarter of 2007."
4. Yen
Due to an extremely low interest rate(0.5%), most of the carry trade has been facilitated by the weak yen. However, the fall in global stock markets in February has worried some investors into reducing their risk. Traders offloading holdings funded by yen borrowings have propelled the yen to a three month high as against the dollar. If the stock market climbs further, the carry trade might continue and the yen will further weaken.
5. Yuan
Investing for the yuan will be a good long term appreciation strategy. However the trading band must be given permission to widen. Since the re-peg to the US dollar in June 2005, the Yuan has risen 7%. China is expected to keep appreciation slow as exports form a large pillar of the Chinese economy for now.
6. Iraqi Dinar
Iraq has plenty of oil reserves but an unstable political situation and an unexistent economy makes any form of investment unlikely. Renewed interest in the Dinar has been brought about by scams online promising returns over 1000%. However given that there is no foreign market for the Dinar, it is unlikely that one will be able to profit in the short term.
7. Aussie Dollar
The Aussie dollar is sensitive to the fluctuations in raw materials such as copper, aluminum and gold as they account for 14 percent of the country's economic growth. The Australian dollar also as a high interest rate of 6.25 percent, one of the highest for developed economies. Thus traders borrow the yen to and buy the Aussie dollar to profit from appreciation and the interest spread. If you expect raw material prices to go up, the Aussie dollar will be a good bet.
8. Singapore Dollar
The Singapore dollar is expected to gradually climb as the central bank moves the trading band up. The economy is doing well and heavy foreign investment is expected to drive the Sing$ up.
9. New Zealand Dollar
New Zealand has the highest interest rate in the industrialized world. Currently, the interest rate is 7.5%. However Governor Dr. Alan Bollard, Reserve Bank of New Zealand, thinks the interest rate is lower than it should be due to the liquidity provided by Asia and China. If interest rates continue to rise, the new Zealand currency will strengthen too.
10. Canadian Dollar
A crunch in the US economy is will be correlated to a slowdown in the Canadian economy. If the US economy enters recession, expect the Canadian value to drop with the US dollar.
General guideline
When interest rate of a country rise, the currency strengthens, Bond prices and equity prices of the country fall. You should be investing in a country whose currency you think will be stronger than the one you are living in currently.
thease are the best currencys to invest in
1. US Dollar
The US Dollar will weaken due to the massive trade deficit and that interest rates are not expected to rise. However because it is the international currency and that many countries hold their foreign reserves in the US dollar, the downward trend might be slow. Some countries such as China has been moving to a diversified holding of foreign currency as they view the US dollar to be weakening in the long term.
2. Sterling
The sterling accounts for 12 percent of all foreign reserves held by governments worldwide. Britain has a huge trade deficit and 486.7 Billion pounds in public sector debt. Goldman Sachs is saying that the pound is overvalued at 13%.
3. Euro
The euro might strengthen given that if central banks diversify away from the US dollar, the euro will be well placed to replace it as the next best international currency. Other factors for the strengthening of the euro will be that Inflation in the 13 nations that share the euro currency slowed by more than expected to 1.8 percent in January and better than expected unemployment rate. Business climate is also expected to be better and interest rates are expected to be risen to 4 percent during the second quarter of 2007."
4. Yen
Due to an extremely low interest rate(0.5%), most of the carry trade has been facilitated by the weak yen. However, the fall in global stock markets in February has worried some investors into reducing their risk. Traders offloading holdings funded by yen borrowings have propelled the yen to a three month high as against the dollar. If the stock market climbs further, the carry trade might continue and the yen will further weaken.
5. Yuan
Investing for the yuan will be a good long term appreciation strategy. However the trading band must be given permission to widen. Since the re-peg to the US dollar in June 2005, the Yuan has risen 7%. China is expected to keep appreciation slow as exports form a large pillar of the Chinese economy for now.
6. Iraqi Dinar
Iraq has plenty of oil reserves but an unstable political situation and an unexistent economy makes any form of investment unlikely. Renewed interest in the Dinar has been brought about by scams online promising returns over 1000%. However given that there is no foreign market for the Dinar, it is unlikely that one will be able to profit in the short term.
7. Aussie Dollar
The Aussie dollar is sensitive to the fluctuations in raw materials such as copper, aluminum and gold as they account for 14 percent of the country's economic growth. The Australian dollar also as a high interest rate of 6.25 percent, one of the highest for developed economies. Thus traders borrow the yen to and buy the Aussie dollar to profit from appreciation and the interest spread. If you expect raw material prices to go up, the Aussie dollar will be a good bet.
8. Singapore Dollar
The Singapore dollar is expected to gradually climb as the central bank moves the trading band up. The economy is doing well and heavy foreign investment is expected to drive the Sing$ up.
9. New Zealand Dollar
New Zealand has the highest interest rate in the industrialized world. Currently, the interest rate is 7.5%. However Governor Dr. Alan Bollard, Reserve Bank of New Zealand, thinks the interest rate is lower than it should be due to the liquidity provided by Asia and China. If interest rates continue to rise, the new Zealand currency will strengthen too.
10. Canadian Dollar
A crunch in the US economy is will be correlated to a slowdown in the Canadian economy. If the US economy enters recession, expect the Canadian value to drop with the US dollar.
General guideline
When interest rate of a country rise, the currency strengthens, Bond prices and equity prices of the country fall. You should be investing in a country whose currency you think will be stronger than the one you are living in currently.
Well, according to the latest news, Warren Buffet invested in the Brazilian real and he made a sizable profit from it.
You should probably not invest in Iraqi Dinar. Utahâ??s Department of Commerce have warned people against a scam in which someone is persuaded to invest in the currency.
To invest in the euro currency, you can open a forex trading account with a brokerage firm that offers euro trading. You can then buy euros when you believe the currency will increase in value and sell them when you think it will decrease. It's important to research the market and understand the risks involved in forex trading before investing.
FOREX is an online foreign currency broker. They offer foreign currency trading online. It is like eTrade but instead of investing in stocks, you invest in currency.
The best time to invest in stocks depends on a few differing factors. SInce the market is constantly fluctuation, you will want to ask a financial adviser if you are unsure of which stocks are best to invest in.
Don't hold on to the dollar. Either invest it in buying a house or precious metals (such as gold) or you could invest it in another currency like the Euro.
Well, according to the latest news, Warren Buffet invested in the Brazilian real and he made a sizable profit from it.
yes
To invest in Brazilian currency, you can purchase Brazilian real (BRL) through forex trading platforms or currency exchange services. Another option is to invest in exchange-traded funds (ETFs) or mutual funds that focus on Brazilian assets or markets, which may include exposure to the currency. Additionally, consider opening a brokerage account that allows you to trade foreign currencies directly. Always assess the risks involved, as currency investments can be volatile.
You should probably not invest in Iraqi Dinar. Utahâ??s Department of Commerce have warned people against a scam in which someone is persuaded to invest in the currency.
To invest in the euro currency, you can open a forex trading account with a brokerage firm that offers euro trading. You can then buy euros when you believe the currency will increase in value and sell them when you think it will decrease. It's important to research the market and understand the risks involved in forex trading before investing.
Kuwait has the best currency
FOREX is an online foreign currency broker. They offer foreign currency trading online. It is like eTrade but instead of investing in stocks, you invest in currency.
No. The Iranian Rial is hurting because of the various sanctions. It is very unstable.
Euro Is the best currency in the world
To invest in Forex currency trading online, you first need to ask yourself how much you're wanting to make from this investment, how much time you want it to take and how much you're willing to put down as a start out point.
The best time to invest in stocks depends on a few differing factors. SInce the market is constantly fluctuation, you will want to ask a financial adviser if you are unsure of which stocks are best to invest in.