Hi folks,

If you have deeper long-term fundamental knowledge, I'd like to hear your recommendation for what currency one should hold his trading account in these days.

My broker offers the following currencies for trading accounts: AUD, USD, EUR, GBP, NZD, JPY, CHF, SGD.

Until now I held my account in EUR but I'm afraid my capital will further loose value due to the continuing euro crisis.

I thought about CHF or JPY. What do you think about these two? In case of a Euro crash, would CHF be negatively affected or not?

Thanks.

Kay

stay at the actual one. EURO.

it has laready lost. but nothing lost forever. it will return at some point. and when if you changed to another you will loose also at that one.

hope I am clear

walker.

you think EURO will gone.

then what will happen to USD or other currencies.
do you think when if EURO or USD collapse World be the same

walker

PureMuscle posted:
stevewalker posted:
stay at the actual one. EURO.

it has laready lost. but nothing lost forever. it will return at some point. and when if you changed to another you will loose also at that one.

hope I am clear

walker.



That isn't very reassuring advice... The difference between the Euro and other currencies is that there IS the possibility of it disappearing forever. You won't find that with USD, or most other currencies for that matter.

If the support breaks, I would stick with USD:

If the euro goes the usd may go too and so most of the others if not all.

http://gainspainscapital.com/2012/08/06/why-europe-matters-and-how-spain-could-wipe-out-your-401k/