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Forex
Investing in US dollar can be stagnant
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[QUOTE="Alexandoy, post: 72944, member: 25510"] Forex is tricky that sometimes you can fall in a trap unintentionally. The usual advice to us is to invest in a currency that we can pair with the US dollar and the best pair is our own currency, of course. But I have noticed in th pandemic era that the exchange rate of the US dollar to our currency has been stagnating at 48 pesos to a dollar. If I bought US dollars before Christmas then I have not earned a profit now because the exchange is stable. The essence of forex trading is for the currency to fluctuate in value so that the currency you bought can give you a profit when it rises in value. So maybe instead of the US dollar I can look at the Japanese Yen for a better trading. [/QUOTE]
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Investing in US dollar can be stagnant
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