How to make galloping returns on forex 2014 .
This is my personal view on forex and how I am going to take advantage of this . My view is Sterling will be the global safe haven currency of 2014 this is due Britain’s strengthening economy makes it a magnet for inward investment . The economy had had a huge turnaround with economic data going from bad to strong growth and there is no end in sight .
I have been looking how emerging market currency has had a huge hit as investors take money out as the economy’s has slowed down , also they hedging themselves on the Fed tapering program , every time the FED has tapered it has created a ripple effect , Argentina and Asian Crisis to name few .
Another reason the pound is strengthening is the UK has a stable political situation , the USA has been damaged greatly with the shutdown , the EU political / economy situation hasn’t changed or improved .
Looking at it I can see the pound reaching :
•$ -1.75 / 1.82
•€ – 1.30
•¥ – 185 / if interest rate increases 200.
Good time to take advantage of this , if you like to know how mail me . tony.evans@devere-group.com
Here’s to the year of the horse and galloping returns
London still ranks as top financial centre
London still ranks as top financial centre.
London remains at the top of a six-monthly ranking of global financial centres by a consultancy firm, against a backdrop of merits as a money-making centre.
The UK capital has led the Global Financial Centres Index since its launch in 2007, despite the turmoil of the banking crisis and problems in the Euro-zone. However, even though people have been ranking London highly in previous surveys because of its reputation, more recently such reputation has been damaged by the performance of the economy and controversial issues such as Libor.
Notably, cities in the Euro-zone such as Paris, Munich, Amsterdam and Milan also suffered declines, as uncertainty in the currency bloc translating into a lack of confidence among finance professionals. For instance, Brussels’ rating fell by 44 points.
Meanwhile, respondents also commented on a brain drain from financial centres in the Euro-zone, as professionals are now lured to better prospects in Asia or London.
Interestingly, South American centres such as São Paulo and Buenos Aires rose in the rankings, reflecting a growing perception of their importance among financiers. Rio de Janeiro climbed 17 places in the table.
Share this:
Like this:
Amsterdam and Milan also suffered declines
as professionals are now lured to better prospects in Asia or London. Interestingly
as uncertainty in the currency bloc translating into a lack of confidence among finance professionals. For instance
Brussels' rating fell by 44 points. Meanwhile
cities in the Euro-zone such as Paris
despite the turmoil of the banking crisis and problems in the Euro-zone. However
even though people have been ranking London highly in previous surveys because of its reputation
London remains at the top of a six-monthly ranking of global financial centres by a consultancy firm
more recently such reputation has been damaged by the performance of the economy and controversial issues such as Libor. Notably
Munich
reflecting a growing perception of their importance among financiers. Rio de Janeiro climbed 17 places in the table.
respondents also commented on a brain drain from financial centres in the Euro-zone
South American centres such as São Paulo and Buenos Aires rose in the rankings