Primarch wrote:Forex can be very risky if you can't really afford to lose the money. I used to know a guy who did Forex trading as his primary source of income. He spent literally all day studying economic news, comparing reports and trying to guess what would happen next. When he was successful he was very happy. When he was unsuccessful then he usually left things until the currency recovered, which could take years in some cases.
The Yen/Pound rate is a tricky one. It's currently pretty good compared to what it used to be a year ago, but it is still way lower than it was seven or eight years ago.
I came here in 1999 - 165 yen to the pound.
My parents came here in 2001 - 252 yen to the pound.
2012 - 113 yen at the lowest.
I think it will go up to around 160ish again.
