In addition, an advantage being ahead of the market could be a lucrative investment strategy. As Asian - US /Philippine investor including main street traders can do well within legal process. Knowing how to and what to do before or even such price action occurs. As there are several ways of implementing such strategies. As there are several methods of trading the foreign currency market. Use these knowledge to further the appropriate skills of doing so to increase equity portfolio. Not even equities at this period of time, nor mutual funds, and especially bank interest rates from other financial instruments could have provided a comparable return.
A cautionary note for those main-street retail traders using PHP to trade Retail FX may consider the depreciating value & worst performing asset class for now as it takes more PHP- Philippine Pesos to convert these value into foreign denominated transactions. Especially those open positions where intrinsic value on over night/ roll overs charges can accumulate. Thus affecting the bottom line equity on the portfolio.
For now, all that they can do is to boost some plan of action to bolster the economy by way of media representations of forth coming good news being made by the current administrators in government. USDPHP to this writing is above the 48.50 handle.
Relative information: PHP Where its been & Where its heading?
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