Out at the peak

Saturday, January 14, 2006

JPY to do well this year?

From what I can gather at The Daily Pfennig, JPY looks to be on course to break below 100 this year. I will throw a few bones on this thinking. I will use a World Currency Account (Everbank) to do so. It makes no sense to get a JPY CD because it pays no interest.

BTW: A EUR bet might be best done with a World Currency Account or FOREX account as the CDs only pay 1%. Both of these currencies need to be closely managed as timing is very important. Bounces, profit takings, and world [crisis?] events probably only give investors a coin flip of a chance of reaching goals this year.


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