In this week's Money For the Rest of Us Plus episode, we explore the shock that ran through currency markets this past Thursday as the Swiss National Bank announced it would stop trying to prevent the Swiss franc from strengthening. Within minutes the Swiss franc appreciated over 20% against the euro, inflicting losses on many investors. This is a classic example of what can happen when a country tries to manipulate its currency and then stops. The episode length is 15 minutes. (I … [Read more...]
39: What Drives Currency Exchange Rates
Why currencies fluctuate, what are the impacts and should you hedge against currency movements. Photo by Epsos de Why currencies fluctuate, what are the impacts and should you hedge against currency movements. In this episode, you'll learn: What is purchasing power parity and why it doesn't hold.How does a strengthening or weakening currency impact inflation.How currency flucuations impacts your investment returns.How trade, investment flows, government and central … [Read more...]
12: Currency Trading, Petrodollars and Monetary Collapse
What you need to know if you want to trade currencies. Also, will the dollar collapse? Photo by amanda tipton In this podcast, you'll learn: Why investing in currencies is so complicated.Who are the major players in currency trading that individuals who trade compete against.What is the best way to exchange currencies when traveling.Why you need a point of view when investing.Why I no longer trade currencies.What does it mean for a currency to collapse.What is the … [Read more...]
