Category: investing

How To Trade Foreign Currency

Written by Rachael Shores in investing on Fri 28 July 2017.

Equities continue to attract capital like magnets. After all, three interest rate hikes from the U.S. Fed since December 2015 have only resulted in a Fed Funds rate of 1%. In many cases, it would be smart to trade one of the pairs which include your country's currency, it is not necessary. Perhaps you come from a country with an unstable currency, or you know more about other currencies. It is important to do a bit of research and aim to find a strong reason why you think that a certain currency would gain or lose value.

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