Mark Tan is keen to consider opening a new division in his firm to deal with FX Trading. He wants to understand more about currency trading. What are the characteristics that are common to the major trading currencies e.g. USD, GBP, Euro, Yen, AUD, CAD, CHF etc.? Why are investors keen to invest in these currencies? If Mark starts off with a SGD 100 million fund.

How should he apportion this fund among the different currencies? 

What opportunities should he look out for?

Answer rating: 100% (QA)

The major trading currencies such as USD United States Dollar GBP British Pound Euro JPY Japanese Yen AUD Australian Dollar CAD Canadian Dollar and CHF Swiss Franc share some common characteristics 1 ... View the full answer