Thursday, May 13, 2010

Hold off pound and euro - ST, May 12

Hold off pound and euro
By Gabriel Chen

THE euro and pound are on the slide, and it looks like a perfect opportunity for investors to try their hand at a forex play, but experts are advising caution.

While both currencies have been driven down by events in Europe, they could still go lower against the Singdollar and other Asian currencies such as the Indonesian rupiah, Indian rupee and Chinese yuan.

Click here for the full story in the Straits Times on May 12.

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