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Old 03-03-09, 11:16 AM
ozone35's Avatar ozone35 ozone35 is offline
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Global Economic Crisis

Hello everyone. I'm new in the Forex world, have been reading and gathering information in order to get everything I need before I go into the real market trade. I have a lot of doubts, which I asume it's normal, but, there's something that intrigues me. The economical crisis that the world has been going trough in the past months, that has affected not only the micro-economies but the macros as well, is this a good or bad thing when we're into the Forex trading? I really appreciate if someone could explain this to me.
Thank you in advance
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Old 03-10-09, 03:08 PM
miskec's Avatar miskec miskec is offline
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Re: Global Economic Crisis

Hi!
Im a beginner too and its kinda hard to say what effect does crisis have on forex. since you are only trading between currencies it shouldn't have a big effect. the problem is that it destabilized everything and its harder to predict prices, ie usd and yen used to be a so-called safe haven and they arent that anymore because prices change a lot.

Last edited by miskec; 03-10-09 at 03:19 PM.
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