Looking for Safety—Developed Country Currencies
In This Chapter
• Exploring developed countries
• Determining key economic factors
• Reviewing political factors
• Eyeing characteristics and trends
When you trade foreign currency, you should know the key economic and political forces that drive that currency’s value. You also need to explore the characteristics and trends that will likely impact the future value of that currency.
This chapter reviews the key information you need to know about the generally less volatile currencies from the developed countries: Australia, Canada, the European Union, Great Britain, Japan, New Zealand, Switzerland, and the United States. We listed these countries alphabetically, not by popularity or by their ...