One of the staples of Republican Presidential Candidate Donald Trump’s stump speeches, has been how countries like China have been intentionally devaluing their currencies making it tough for American companies to do business in China.
Last August China sent shockwaves through financial markets by recklessly devaluing its currency for three straight days, but ironically the recent fall of the Yuan may be of our own doing.
In May the Yaun fell about 1.55 percent thanks to comments from Fed Chair Janet Yellen, who recently hinted that higher interest rates in the U.S. are coming as possibly as soon as June or July.
Yellen said, “Gradual U.S. interest rate increases would be appropriate if the economy improves further and the labor market tightens.”
While speaking at Harvard University in May, Yellen also remarked, “It’s appropriate for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate.”
Experts on Wall Street now see about a 61% chance that the Fed raises rates this summer. The last time the Fed raised rates was in December 2015 when the fed-funds rate was raised 0.25%.
At the time the rate hike seemed more like a desperate attempt by the Fed to avoid being accused of “crying wolf” after the many hints they dropped in 2015 about imminent rate hikes. That could very well be the same reason we see a rate hike again before August 1. Stay tuned.
All this jawboning by the Fed has created some nice opportunities for currency traders.
Massive Liquidity Makes It Easy to Invest in Currencies
Trading currencies allows you the opportunity to make money…big money…no matter what the stock market is doing. It can make you money even if EVERY equity market on the planet suddenly crashed and burned.
That’s because currencies provide you with the ULTIMATE in simplicity: Picking the right stock out of some 40,000 on the New York Stock Exchange can be like trying to find a needle in a haystack. But when trading currencies, you only need to consider eight major currencies:
The U.S. dollar … the euro … the British pound … the Japanese yen … the Swiss franc … and the New Zealand, Australian and Canadian dollar.
It’s the largest and most liquid market in the world with more than $5 trillion trading hands every single day. This massive liquidity makes it easier for you to get in and out of the market at or near your target prices.
Currencies also give you the power to multiply your money 20 times over—maybe more—all in a matter of a few weeks or less.
No Longer the Secret Playground of Wall Street Fat Cats
Once upon a time this investment market was only open to the richest institutions and investors. You needed millions just to gain access to it.
But thanks to the development of exciting new trading vehicles, today any investor can learn to master the currency markets in just a few hours.
In an eye-opening new special report Kathy Lien and Boris Schlossberg, two of the foremost experts on currency trading, bring their combined 46 years-experience trading in the Forex markets to give you the ultimate “cheat sheet” for learning the basics of how to trade currencies.
Kathy and Boris are also the creators of our ULTIMATE Forex Trading Course.
This Special Report is packed with strategies and secrets that Kathy and Boris have amassed in their combined-four decades of trading currencies including…
- A basic primer and description of the world’s 8 major currencies and how to trade them—simply and easily
- The best and easiest pairs of currencies to trade against each other
- 7 reasons why you want to trade currencies—and how they provide the ideal diversification component to your stock investments
- How currencies can make you big money whether the stock market is rising or falling
- How to go long or short with no frustrating “uptick” restrictions you encounter when trading stocks.
- And much, much more
For a limited time only you can get a copy of this report for only $49!
Weiss Educational Services