WOCU® World Currency Unit
Currency volatility creates disharmony and is seen as the biggest threat to earnings by leading international industrialists. It causes havoc with world trade, commodity pricing and investment planning. No single currency is sufficiently strong and stable to act as a world reserve currency: The Eurozone is a sub-Optimal Currency Area, the US Dollar has its issues and the Renminbi is not universal.
The solution exists. Welcome to the WOCU.
The WOCU is a global composite currency derivative covering the world’s top 20 economies, representing the vast majority of global production. Weighted elegantly and logically based on International Monetary Fund GDP figures, the WOCU’s low volatility offers market professionals and individuals alike a natural currency stabilisation, hedging against exchange rate volatility and individual currency purchasing power.