BECOA Report on Investing Currencies in the Far East
Prepared by: Brad Saunders
Introduction
In the world today, the possibilities are endless for people who want to
make money. These opportunities may exist in the form of a bond, currency,
stock, or business venture, but the common tie between them is that it is
possible to make money if you research the market and impose the proper
strategic plans. In this report, the issue of investing money in the currency
markets of the Far East will be my main area of interest. The Far East offers
great potential for a currency trader who wishes to make money. I also have the
option of investing in the European currency market as well, but I feel that the
European market is somewhat too volatile for any significant gains to be made by
pursuing any countries within. As is evident from classroom work in this
course, the Far East has the greatest potential of any area in the world to be
the next big area, in terms of economic expansion. With the many countries
available to select for currency trade, it is very difficult for a student with
limitedresources to accurately and to the best of his or her's ability to make
any significant amount of money on the currency market. However, I believe that
by my researching the countries trends in areas such as: Inflation, Capital
Investments, Unemployment, Exports, Budget balances, and Real Growth rates, that
this is the key to making money through currency exchange. In this report my
selections for currency exchange will justified by using the above areas as well
as currency trends and volatilities, that prove Japan, Hong Kong, Singapore,
Thailand, and Taiwan were all good stra ...