Excerpt from: European Markets
|
 |
| September 04, 2006 | | Contracts for differences involving Latin American emerging market currencies | | Latin American emerging market currencies are making interesting subjects for contracts for differences right now. Currenies like the Mexican peso and the Brazilian real are, in fact, gaining against the U.S. dollar, revelling in the fact that the U.S. Federal Reserve is unlikely to raise interest rates again this year. But beware: some Latin American currencies should be shorted in CFD orders with the U.S. The Chilean peso is one that is losing ground to the greenback. Carefully study Latin American currencies before deciding which to favour and which to short when placing CFDs. | Topic Tags: CFD orders, CFDs, contracts for differences, emerging marketing currencies, Latin American currencies, spread betting, U.S. dollar | |
|
|
