Forex Market

Which foreign currencies are advisable to acquire in those moments in which the fluctuation of these is very abrupt? ?. The acquisition of foreign currencies these days is an activity that is usually very profitable in some cases and not that much in others.
For example, one week ago there was not operator that recomended to buy Reales (Brasilian currency), even if these last days this currency reduced its value. Since 20th november until today the currency reduced its value in 8 cents or 4,4% turning from 1,758 Reales per Dollar to 1.836.
The risk aversion made the investors sell the active in the emerging markets and in that context the Real was punished.
The foreign currency that had the greatest acquisition in these last days was the dollar that increased its value in front of the Euro. The European currency lost a 0,4% to turn to be negotiated at 1.4825 more than a cent under the maximum of the last week.
According to analysts, the reasons of the lows are because, for example, the Dollar raised in front of various currencies of the world, after the Citigroup informed that it will sell a participation of USD 7.500 millions the government of Abu Dhabi (the biggest of the seven emirates that compose the Arabian emirates of the Persian Gulf), which helped to the confidence of the American banks punished.
We will have to see in these next days how does the trend in the acquisition of foreign currencies continue, if this direction continues the American currency could gain ground in not very much time.