Hi All.
I have just opened a live trading account with a broker.
I have the choice of selecting the 'home' currency of my account. That is, the currency in which my account balance and funds are held in.
After this last week I am a bit concerned of the stability of the US dollar in the long term and wonder whether I should keep my 'home currency' in either JPY or GBP.
I reside between several countries and do not necessarily consume in just one. I am most interested in which currency will appreciate in the next 2-3 years against the majors.
I don't have faith in the US economy in the above time period.
I feel the GBP will hold strong.
The JPY could be a risk, but to me is pointing to strengthening considerably.
Any thoughts or suggestions, greatly appreciated.
SN
I have just opened a live trading account with a broker.
I have the choice of selecting the 'home' currency of my account. That is, the currency in which my account balance and funds are held in.
After this last week I am a bit concerned of the stability of the US dollar in the long term and wonder whether I should keep my 'home currency' in either JPY or GBP.
I reside between several countries and do not necessarily consume in just one. I am most interested in which currency will appreciate in the next 2-3 years against the majors.
I don't have faith in the US economy in the above time period.
I feel the GBP will hold strong.
The JPY could be a risk, but to me is pointing to strengthening considerably.
Any thoughts or suggestions, greatly appreciated.
SN