06.11.2008 - Hedge your bets with currency trading
From Telegraph: If you are going on holiday to New York this winter, the recent swing in currency movements will make for an expensive trip. However, some investors have benefited from the skyrocketing rise of the dollar and yen by taking a punt on the currency markets. The pound has lost a quarter of its value against the dollar in the past year. While Christmas shoppers last year flocked to New York to take advantage of a two dollar to the pound exchange rate, this year they will only get around one and a half dollars to every pound..... Full Article: Source
Print