Currency Updates

Currency markets have been in volatile recently after 2008 crisis when everybody flocked into the US dollar which was in downtrend from late 90's had a huge upside correction which is good for the dollar Index before going down the toilets.When fed announced the QE then dollar is literally a sink hole.

We had multi-year correction on currency markets, And which is healthy for indicies and now ready to rally as dollar in big time devaluation going on by end of 2012 summer.So better flock into the currencies which have strong fundamentals, And these are currency which can easily double based on technically stand point.

Australian Dollar Index:

1.No easing on their economies for recovery
2.Strong mining industries(which has got huge precious reserves)
3.Strong agriculture based economy
4.Strong backing on reserve ratio based on interest rates






Swiss Franc Index:


1.Currency is backed by the Gold
2.No easing




New Zealand Dollar Index:

1.No easing on their economies for recovery
2.Strong mining industries(which has got huge precious reserves)
3.Strong agriculture based economy
4.Strong backing on reserve ratio based on interest rates





Canadian Dollar Index:

1.Strong exports on Energy sector espl oil, natural gas, coal etc.
2.No easing on their economies for recovery
3.Strong mining industries(which has got huge precious reserves)
4.Strong natural resource to sustain low density population