trading

The Foreign Exchange Markets or in short the forex markets are always changing. There is very little stability in the short term, but more stability in the long term. Unexpected news and natural disasters can devaluate the currency in the short term, but the long term economic growth, the political progress, the monetary policies and the overall demand for the currency are more important. In other words, speculation and news dominate the forex markets in the short term. The international trade and the economic climate dominate the currency in the long term.

There is no currency which is 100% stable or secure, but there are some that have been proven to be more stable than the rest. The Swiss Franks (CHF) have been historically more stable in the long term. The Australian Dollar (AUD), the Singaporean Dollar (SGD) and the Israeli Sequel (ILS) have been proven to be stable against the Swiss Fank in the last decade. The Euro was stable during the first years, but began to change the external value like every other commodity. It is one of the most democratic and trusted currencies for trade. The strong changes in price are the result of popularity among traders. It was the victim of it's own success. The future will tell how stable it really is.