Today I was looking for investment to diversify my portfolio. Last week majority of world currencies were bullish against USD. GBP improved significantly less than others and lost a lot against EUR after credit turmoil spreads to UK. Have a look to chart comparing 3M x-rates GBP/EUR and USD/EUR. Currency pair EUR/GBP is now 0.6977 with low volatility but crossing below support 0.6995-0.6980. Therefore there could be bullish pressure on GBP.
I found few put turbo investment certificates underlaying EUR/GBP with reasonable spread (up to 1%). DE000SDL74T3 (spread 0.79%, leverage 13.1), DE000TB8P9V4 (0.59%, 9.9).
And too turbo certificates with very strong leverage. DE000SDL1B21 (1.86%, 31.1), DE000SDL15Y6 (1.86%, 31.0),
All are listed on EUWAX.
The best investments for year 2010
Disclaimer
Please keep in mind that all recommendations and analysis published at StockWeb are provided for information and reflect personal opinion of author. Any trades or investments are committed at your own risk.
Sunday, September 23, 2007
British Pound dropped after credit turmoil spreads to UK.
1:24 PM | Filed Under Currency, Global markets | 0 Comments
Comments
Subscribe
Deals for Our Readers
Stock screeners
Fundamental analysis
Basic Yahoo screener
Advanced Yahoo screener
Finance Google screener
Morningstar stock selector
MSN Stock power searches
NASDAQ Stock screener
Kiplinger Stock finder
Western Europe stock screener
FinViz insider trading
Technical analysis
Stock Charts
Chart Filter
Stock Fetcher
Big Charts
WSJ Money Flow
Short interest screener
ETF and ADR
ADR's screener
ETF screener
ETF assets
ETF browser
Basic Yahoo screener
Advanced Yahoo screener
Finance Google screener
Morningstar stock selector
MSN Stock power searches
NASDAQ Stock screener
Kiplinger Stock finder
Western Europe stock screener
FinViz insider trading
Technical analysis
Stock Charts
Chart Filter
Stock Fetcher
Big Charts
WSJ Money Flow
Short interest screener
ETF and ADR
ADR's screener
ETF screener
ETF assets
ETF browser
Blogroll
Emerging Index - Emerging markets
ADR Universe
Alternative energy stocks
Bob's advice for stocks
Claus Vistesen
Denarii Trader
Investment postcards
Hedge Accordingly
Hedge Funds
Money and Markets
Money and Web
My Trader's Journal
OptionPundit
SlackerWealth
StockKevin
Top foreign stocks
Trade Radar
Trading stocks
UCLA trader
Very smart investing
ADR Universe
Alternative energy stocks
Bob's advice for stocks
Claus Vistesen
Denarii Trader
Investment postcards
Hedge Accordingly
Hedge Funds
Money and Markets
Money and Web
My Trader's Journal
OptionPundit
SlackerWealth
StockKevin
Top foreign stocks
Trade Radar
Trading stocks
UCLA trader
Very smart investing
Featured sites
Get payday loans from a company that provides speedy delivery of funds.Get cash advance deposited directly into your bank account next day
Stay updated on Euro trading at Euro Trader and Dollar trading Dollar TraderAdvertise HERE
0 Responses to "British Pound dropped after credit turmoil spreads to UK."
Post a Comment