Currencies

Pound and euro notes. Source: Bloomberg.

The currency markets - also called foreign exchange or forex - are the largest in the world. Regardless of economic conditions, when one currency falls, another must rise. So there are always opportunities to make money - and it’s becoming easier to trade.

Recent articles (3)

New York Stock Exchange © Andrew Harrer/Bloomberg News

Could the dollar be in a new bull market?

(04 November 09)

Virtually every class of investment has risen as the US dollar has plunged recently. But now a major reversal might be at hand. The greenback may be about to go on a bull run – which is bad news for everything else. Dominic Frisby explains.

Scientist in a laboratory. © Bloomberg

Weak pound boosts defensive stocks

(23 October 09)

While the overall market has rocketed, high-quality defensive stocks have been left behind. But the renewed downtrend in sterling is boosting their appeal.

The pound will turn

(16 October 09)– Subscriber only Secure padlock

At first glance, hating the pound makes sense, says Merryn Somerset Webb. But in reality, the pound is too cheap and the euro too expensive.