Should I have my funds denominated in some other currency instead of the USD?
Actually, I would say the dollar will be strengthening sometime this year. I would take the USD. Otherwise, just crack open some weekly (or monthly) charts and speculate on the best value for any of the foreign currencies the broker offers you.
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The broker I plan to sign up for is allowing me to have my funds denominated in other currencies (EUR, GBP, CHF, JPY, AUD, CAD). I just wanted to know if you guys think it would be a good idea for me to have it in one of those currencies instead of the dollar since the dollar is depreciating in value. I was thinking of having it in EUR or CHF. I am from USA, btw. Any thoughts? Thanks in advance.