I’ve never done anything with Forex trading, but I know that some currency is better than others. What is currently the best foreign currency to invest in? And if so, why? I figure countries like Japan would be interesting to check into.
The foreign currency is the market is the biggest and most liquid market in the world. While looking at currencies that may be overvalued is a great way to go. you should be very careful. Often non major currencies have wide spreads. This of course means that when you buy you are at a disadvantage, as you would need to recoup the the spread before you can get profitable.