I got to thinking about this after reading about the recent fall in the Russian Ruble and I have been looking at foreign currency exchanges (Forex it is called) and trying to find an introduction to currency trading that is easy for a lay person like me to grasp. Of course I got to thinking about it because I got wondering how much risk there is and whether or not there is a way to predict which currency will rise or fall relative to the U.S Dollar. Of course it is awfully risky when you look at it, especially if you are dealing in currency where the political situation is not so solid. In Russia the value of the Ruble has dropped by a huge sum, it went down by a tenth the other day and over the course of the recent crisis the value has declined by more than 30 percent or more. Continue reading
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