GEAB 111
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.
Login
Since Deng Xiaoping, in the '70s, gave top priority to economic development, China has made tremendous sacrifices. Having worked hard and cheap and polluting its country, it soon became the [...]
Crypto-currencies, of which Bitcoin is the most popular, are "virtual" currencies devoid of any physical reality, possessing an electronic form and functioning by using cryptographic methods. They are used specially [...]
Every year, LEAP/E2020 is offering you a short overview of the up and down trends of the year which is starting. In addition to the intellectual interest of this contribution [...]
Comments