Which currencies have the greatest volatility?
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ave
Apprentice
Joined: 18 Dec 2007
Posts: 6
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 Posted: 07/22/08 - 05:21 Post subject: |
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| I have recently been looking to start with investments. I have heard that I should try with Forex day trade and that volatility is crucial for it. If anyone could tell me which currencies have the greatest volatility, that would be great. Thanks in advance. It really means a lot to me. |
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hardy
Apprentice
Joined: 15 Oct 2004
Posts: 3
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| Posted: 08/21/08 - 03:14 Post subject: |
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| Any investment carries with it a risk in part. That is why you need to make sure everything goes as you plan, and that you make a good plan. When it comes to ensuring the value of your portfolio, you have to be aware what kind of portfolio you want to create. You should be especially careful with volatility indeed. It is the feature of stocks which makes them unpredictably go out of control up or down. For day trading, where everything happens within one day, that is indeed absolutely crucial. The most volatile currencies are the ones that are most unstable. Now, you should know that dollar is not in such a good shape, while euro is also on decline, but not as much, because of the oil prices. Hope you find the info helpful. |
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