Most popular currency after Dollar & Euro?

Most popular or stable currency after Euro and Dollar? Anyway, if your talking about popularity, i think its Yen.

Euro Currency Exchange
The common market for Europe was established in the 1970's to encourage free trade within Europe. In the beginning there were just a handful of European nations that were allied together in free trade. The concept has evolved into the 'European Union' with a headquarters in Brussels.

There is an elected European Parliament that legislates to promote amongst many things the equality of trade between European Union member states. As the benefits of European Union membership have become greater and the prosperity of Europe has increased, then the number of countries wishing to join has also increased.

To make trade in Europe even easier, the European Union introduced the Euro currency on January 1, 1999. Eleven of the countries in the European Economic and Monetary Union (EMU) decided to give up their own currency and adopt the new Euro (EUR) currency: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The Euro has been taken up by most European states as their currency, and the Euro currency has replaced long established currencies such as the Franc, The Deutsche Mark and Lira.

Sharing a common Euro currency means that inter-nation trading is simpler and cheaper because there is no need to change different currencies when trading with most of your neighbours as they will all trade using the Euro currency. You also lessen the risks of fluctuations in currency rates when the trading conditions are volatile. European countries now only have to worry about the Sterling - Euro exchange rate and the Euro - Dollar exchange rate. There are many other considerations when giving up a currency, some economic, some political and some philosophical.



Euro currency - for holiday money or business transactions
Euro rate - request the best real time Euro rate
Euro exchange - Currency, Bank Transfer or Travellers cheques
Best euro exchange rate from a Euro Currency Broker
Companies that aren't in the Euro zone still have to manage their currency strategy when trading with other companies in the Euro zone. The vagaries of exchange rates still apply and for example the sterling- euro exchange rate can have a huge impact on the bottom line. For UK companies it can be argued that life is now easier as they only have to manage the Sterling - Euro exchange rate rather than many other sterling exchange rates. The perceived negative effects of joining the Euro currency are seen as a high price to minimise European exchange rate fluctuations.

The countries that use the Euro currency still have trade outside the Eurozone and still have to manage their currency strategy for the U.S Dollar - Euro exchange rates, the Euro - Australian Dollar exchange rates, the Euro - Canadian Dollar exchange rates, the Euro - South African Rand exchange rates etc. In Global terms the US Dollar is the leading currency and now the Euro is the second most important with the Stirling British Pound third. The British Pound was always second but the amalgamation of many European Currencies into the Euro has meant the Euro is now the second most important world currency. The US Dollar - Sterling or Sterling - Dollar exchange rate was always the most important exchange rate. Now it is the US Dollar - Euro exchange rate or Euro - US Dollar exchange rate that is most important. Nevertheless the British Pound Stirling - Euro or Euro - Stirling British Pound exchange rate is still very important.

The Most Important Theory Ever
Submitted by clifton on Thu, 2006-06-08 10:19.
by steve todd

In currency technical analysis, the most important theory ever, for understanding market movement, is Dow Theory - but its influence is vastly under estimated by the bulk of traders.

The reasons why every trader (not just currency traders) should look at Dow Theory, and understand it, is the basis of this article. Understand Dow Theory correctly, and incorporate it in your trading strategy - then watch your profits soar.

Predictive Theory V Odds Theory

Many traders look for theories that predict - as they think making money is easy. Of course if they stopped to think about it, they would realize that if predictive theories worked, we would all know the market price in advance - and there would be no market!

Losing traders love theories, such as Elliot Wave, and Gann - which are supposed to scientifically predict market movements in advance - which of course they can't.

So, forget about joining the far out investment crowd, and traders looking for easy money. Lets look at currency technical analysis with Dow theory - and gain a greater insight into market movement, that can lead to big profits.

In 1901, when writing in the Wall Street Journal, Charles H. Dow compared the stock market, to the tides of the ocean, - and the quote below neatly sums up the theory:

"A person watching the tide coming in and who wishes to know the exact spot which marks the high tide, sets a stick in the sand at the points reached by the incoming waves until the stick reaches a position where the waves do not come up to it, and finally recede enough to show that the tide has turned. This method holds good in watching and determining the flood tide of the stock market."

Probability is the Key to Currency Trading Success

Like the waves of the ocean, we all know that tides ebb and flow (come in and go out) - but we don't know the exact spot, or the exact timing - we wait for confirmation.

Dow Theory is a theory of currency technical analysis that doesn't predict - but gives us a chance to put the odds in our favor.

Just as waves don't move to an exact scientific theory, neither do markets - but they do move in recognizable patterns - and with currency trading technical analysis, this is what we need to do - spot the patterns with the best chance of success, and trade them for profit.

The basis of currency trading technical analysis lies in getting the odds in our favor - not scientific prediction.

The Development of Dow's Thoughts

Dow theory has been around for almost 100 years, and even in today's markets, the basic components of Dow theory remain valid. Dow theory not only addresses technical analysis, and price action - but also market philosophy.

Dow theory as set down by Dow himself, was later developed by two important analysts - Rhea and Hamilton, who take enormous credit for developing Dow theory, and bringing it to a wider audience.

Why is Dow Theory So Significant?

In today's world of trading, many traders think that trading is easy - vendors, who peddle predictive theories, and easy ways to make money, perpetrate this hype.

However, even with the huge advances in computers, and the data crunching available today, there is no way of predicting the market - and their never will be.

Dow theory though, gives any sensible trader, a great form of currency technical analysis, which can get the odds in their favor.

We will cover the basics of this important currency technical analysis theory in part 2 of this article - where we show you how you can use the theory to enhance your profit potential.

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The next best bet would be Singaporean Dollar!!

Australian Dollar too is pretty strong and stable.. So is Sterling Pound.

I think Euro is the best, but i do think SGD also not bad yea lol

Most popular currency after Dolloar and Euro..i think it is british curency(pound)

well i think is yenor canadian $!

it is the yen definetly... but it coudl be the peruvian sol "S/."