Forex Currency Predictions For 2008

Forex predictions are always hard to make, especially in like the one we are in now. But I will still try to do my best and provide you with my Exchange prediction for 2008 in the hopes that it will help you make more in the following month.

Of course, I can’t give a forex prediction for every single in the of this article, and so will limit myself to just a few.

USD prediction - The US has a great deal of its value in relations to all the other major in the world. In recent days it has strengthened somewhat and I’ve even heard that it will continue to strengthen in the coming months. I disagree. The Fed is likely to continue to reduce which will make the unattractive in comparison with other . Furthermore, the crisis in the sector has still not said its , and we’re likely to see more declare massive in the coming months.

Euro Prediction - The Euro has increased in value in relations to the US and has even broken record high levels. This is a which I believe will continue in the near future for a number of reasons: is less affected by the crisis in the sector, shows little of a , the European are much higher than those in the US, , and other central countries. Therefore, the Euro will continue to rise in value,and I would hold it.

Prediction - With all the talk about the which is looming over America, miss the fact that the is also going through a . And indeed, the pound is under a great deal of negative pressure. The is that London is a huge center, and since the crisis is mainly in the sector, the British is likely to suffer.

To sum up, invest in the Euro, not in the or the Pound. This is my, shortened, Forex Prediction for 2008.

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