Currencies: Watch out, Turbulence Ahead
The currency market is particularly dangerous this year: with a dollar which has strengthened whilst Trump needs a weak currency and will do everything possible to achieve the goal; a yuan which risks at any moment to be devalued, authoritatively as we have seen, while its medium-term movement is on the rise according to the will of the Chinese leaders; a euro depending on the goodwill of the ECB and its quantitative easing; trade wars and monetary conflicts most probably in the near future… Certainly, very troubled times are ideal for those who wish to win big, but the risk of losing is very big, too. We ask you to recall that our recommendations are only aimed at protecting yourselves, and have no speculator goal, which is why our team recommends to stay well away from the currency market in 2017.
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