CURRENCY
Time to Hunt Down Pounds and Euros

The greenback is strengthening. The pound, the euro, and the Australian dollar could all become alternatives.

September 16, 2008

EDIE was unable to hide his happiness. “Today I made US$700 (around Rp6.5 million),” said this senior official from a national financial institution in Jakarta, on Wednesday last week. This was certainly quite a reasonable profit, bearing in mind that Edie’s capital only amounts to US$500. In addition it was only one day earlier that Edie had started playing the foreign exchange (Forex) market through FXPro, a broker headquartered in Cyprus

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