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This is the currency that performs best at the start of a new year
If you are wondering which currency, other than the U.S. dollar, to hold at the start of a new year, past trades show you'll be better off with euros. Using data analytics platform Kensho, CNBC looked at the average return when holding sterling, euros and the yen against the dollar at the start of a new year. It concluded that for the last three years, you'd have been mostly better off with euros. "Last year, most people went into the year with the view that the USD (dollar) was going to continue to rally strongly due largely to the expected stimulus from President Trump's policies," Itay Tuchman, global head of ... (full story)
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- Dec 29, 2017 8:45am Dec 29, 2017 8:45am
- zerotmoal
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- saruhn
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- gravitist
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- redpants
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