Forex Currency Trading - Which Of The Forex Currencies Have Been Strongest In The Past 1 Year?
March 14th, 2009
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USD, JPY, CHF and EUR have been the strongest currencies in the past 1 year while GBP, CAD, AUD NZD have weakened a bit. Overall, JPY USD are the strongest in terms of absolute gains.
From a trading viewpoint, I’ve seen a lot of ’scalping’, given the volatility of currencies the forex markets. Specially with the USD rallying against the EUR GBP, it’s given some very interesting trends to take profit pips.