Play the biggest market in the world

As Greek debt woes continue, the euro has been taking a battering. So too has sterling as investors wonder whether a sovereign debt crisis could hit the UK next. So how can you take advantage?

As Greek debt woes continue, the euro has been taking a battering. So too has sterling as investors wonder whether a sovereign debt crisis could hit the UK next. Many investors saw this coming Greek public finances and accounting are notoriously suspect so how can you take advantage?

Enter currency spread bets. Remember that currencies always move relative to each other as one falls, another rises (or at least falls at a different rate). So this type of bet offers a fast, cheap way to bet on the direction of one currency against another using a currency "pair".

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

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.