Pt 4, Jack Crooks: Reserve Diversification - Strategies for the Currency Trader скачать в хорошем качестве

Pt 4, Jack Crooks: Reserve Diversification - Strategies for the Currency Trader

Is the US dollar's share of world currency reserve slipping? and the euro? What are the implications for currency investors? What type of strategies can they employ to take advantage of opportunities in the currency markets? Join Jack Crooks, founder and president of Black Swan Capital with over 20 years financial advisory experience, as he discusses ways investors can profit from currency fluctuations using FX Options. Are central banks searching for other currencies liquid enough to park their reserve holding? Are there signs of a rush to diversify out of the common currency? Reserves are increasing in other currencies, including the Canadian and Australian dollars. With China widely expected to continue to diversify its holdings away from the dollar, what does this mean for the US dollar? There is also speculation that China is reviewing its holdings of euro-zone debt amid the euro-zone sovereign-debt crisis. US dollar holdings account for over 60% of the global total, while the euro's share is at around 27% (IMF- Q1 2010).