The Philippine economy has grown through the years, but for those looking to grow and diversify their portfolio further, investing in other high-performing currencies is the perfect way to do so. The global foreign exchange market is the most liquid financial market, making it a risky but rewarding venture for those who want to expand their portfolio.
The market has an average daily volume over $5 trillion, is a great way to diversify, operates all day for longer trading time compared to other ventures, and is a low-cost exchange that does not involve paying commission. Though, it’s also highly risky, as it is high-leverage, moves in tiny increments, and is extremely volatile.
Both seasoned investors and newbie forex traders can learn a thing or two from studying other currencies before dipping their toes in the water. Here are the best notes you should put your money in for this year.