When it comes to foreign exchange, or forex trading comparisons, it may seem obvious to go with the most predominant currency on the market today: the United States dollar. After all, it’s been proven to be a worthy investment in recent decades, with investors seeing favourable returns and relative stability.
However, during the global financial crisis, some things have changed. First, it was the housing crisis, the collapse of a prominent bank, and an enormous, government-funded, multi-billion dollar bailout for the troubled banking industry. Additionally, the United States recently had their credit rating downgraded from triple-A to AA+. The country is struggling with a $14+ trillion national debt. Politics are interfering with the country’s ability to control its economic crisis.
With all this… Read More..