FUTURE
OF THE WORLD CURRENCIES.
There has been
some request from the known quarters to predict on the currency
markets. Of course this is a new frontier and barrier which needs
to be breached. Following is the prediction given. Normally the
astrological reasoning will be given. These are initial days and
I would like to go slow in terms of sharing. The details can be
sketchy and will be useful for people in lesser sense. In any case
this is a new beginning.
Following is
the predictions-
Americans will
follow the strong dollar policy. There can be more interest rate
hike by the fed chairman before the end of the year.
Secondly the
Chinese government in comparison with dollar will hold on the old
rates at least till the year end.
Rupee will
see significant hike. It can be less than 50ps but surely there
will be increase against the dollar.
The euro though
has the potential to be strongest currency in the world will be
sluggish throughout the year. With Germany going in to polls not
much swing can be expected.
Yen will
have very marginal less than 2% fluctuations with the dollars.
The pound sterling
will continue to be positive or same trend with the dollars.
Any way if
u are Indian then better to invest in the Indian rupee which will
have show appreciation.
If u do make
money and feel grateful do send us check
Bye
Gopalakrishnan |