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Recommended currency for trading account?
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Auroea

Mitglied seit Oct 12, 2012  4 Beiträge Auroea Oct 12 2012 at 19:23
If one day the euro crashes, there would be NO safe currencies left. Everybody will be flocking to gold. For the time being, holding some CHF will be good if you are REALLY concerned about the erosion of value in your euro.

Good trading!

James_Bond

Mitglied seit Jan 14, 2010  555 Beiträge James_Bond Oct 13 2012 at 11:08
Auroea posted:
If one day the euro crashes, there would be NO safe currencies left. Everybody will be flocking to gold. For the time being, holding some CHF will be good if you are REALLY concerned about the erosion of value in your euro.

Good trading!


I agree, however even if that happens you can't know how long will it take and when to switch to gold. In the end, no currency is safe, not even gold.

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RBA Foreign Exchange Transaction (43 min)
AUD/USD snapped back up above 0.93(14 min ago)
EURUSD 1.32934 GBPUSD 1.54788
USDJPY 96.314 USDCAD 1.02751
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