Currency Investment With Tactical Trading by John Beatty
ARTICLE SYNOPSIS ...Currency Investment With Tactical Trading
by John Beatty
Foreign currency deposit accounts -- for German Deutschemarks, British pounds and so forth--are not
routinely available in the cities and towns of the United States. In fact, before January 1989, federal law
prohibited such accounts. As a consequence, many believe that currency investments comprise only the
trading of futures and options. And unfortunately, for many investors, futures and options are definitely
too risky.
Should you want to move your funds across foreign currency deposit accounts in a bank, however, you do
have interesti...
AUTHOR: John BeattyDATE: JAN 1991