The exciting 2010 is already behind us and it’s high time that we discuss what is going to happen in the investment market in 2011. Without a crystal ball, it is always difficult to make predictions for the upcoming year, but some industry experts can certainly sit together to analyze some future market trends that would help the people take wise and informed decisions while investing in the forex market. If you have amassed a huge amount of unsecured debts and are looking for ways to get relief from debt, the concerns of this article will perhaps help you out.
The Euro debt crisis, various cycles of US quantitative easing and the political upheaval in Washington DC marked the economic activities in 2010. So what do we look forward for in 2011? Here are some possible outcomes for the currency market or the forex market and the entire world economies in 2011.
1. The US dollar: As the industry experts are all set to make their predictions on the global forex market, there has also been a simultaneous speculation about the US dollar. The first question asked by most of the investors is ‘how will the US dollar fare in this year’. However, the industry experts are of the opinion that the US dollar will stay on the quiet side till the mid of 2011 but it is expected to drop sharply in the month of October.
2. Will there be economic stability in 2011: The most asked question of 2011 is whether or not there will be any stability within the economy in 2011 so that it could help the forex market. Yes, the experts are of the opinion that everything will appear to be improving and there will be some unexpected progressions since October. However, these changes will again get back to a normal position till March 2012.
3. Austerity measures will crash the pound: There will be many austerity measures coming into effect in 2011 and such measures will hurt the value of the pound sterling. The austerity measures will take a toll on the employment scenario in Britain. The pound value is expected to continue downhill.
4. The Japanese Yen will lose some ground: The traders trading with the Japanese currency, Yen will soon go through a frustrating experience as the Yen will lose some ground in 2011. As there are too many events moving the Yen and unfortunately, the most important events are not moving it at all.
Apart from all the above mentioned forex market predictions, the experts are also of the opinion that the consumers are least likely to suffer from forex related scams. There will be more regulation that will be governing the forex market over the entire globe and therefore there will be fewer chances of such companies fooling the consumers. Therefore, if you are looking for instant relief from debt, make sure you invest in the forex market to earn huge returns and utilize the proceeds in paying off your financial obligations.
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Article by Charles Anderson
