Trading currencies in the era of quantitative easing

In the era of quantitative easing, we will see wide swings in currency values. My strategy is to trade these swings. Here's how.

Since the credit crisis of 2007-2009 brought an abrupt end to decades of unprecedented credit expansion in the world's economies, currencies have been engaged in a race to the bottom.

Confidence in 'paper currencies' has taken a severe knock. Belief in gold's role as a store of value continues to climb. At the time of writing, gold is trading at well over $1,400 a record high (in dollar terms).

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.