Friday November 20, 2009 5:56 PM ET
SmartMoney

Investing Topic Comments

Welcome to the SmartMoney Investing forum. Feel free to start or join in a discussion already in progress regarding this topic. We welcome your comments.


You must be registered to use comments. Please login
User Comments
themoneyladder SmartMoney Insiders
9 Comments
A currency will do well versus the dollar for two reasons:
(1) The American economy is not doing well, so the dollar weakens. This is true at the moment.
(2) The foreign economy is doing well, so the foreign currency strengthens. All non-dollar currencies share the first reason to some extent, so focus on the second reason. Look for currencies of countries that have low government debt, growing economies, younger population, stable politics, well-run or reforming legal systems and robust capital markets. China, Korea and India exhibit these signs. Countries that produce commodities like oil, copper etc. are also attractive as the world comes out of recession. Australia, Canada and Brazil are examples.
For more go to http://ww.themoneyladder.com

Advertisements