Spread betters should back the dollar

The US dollar is the currency of choice for spread betters at the moment. And rightly so, says Tim Bennett. Here's why.

"If the US economy continues to show improvement, it could be a win-win for the USD" says Markos Solomou, risk manager from easy-forex.com. Here's why it is 2012's currency to beat.

It's been a good start to the year for the US currency on the back of two key factors improving US employment data and investors' fears that the eurozone crisis is escalating.

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Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.