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Currency forecast: Are people regaining faith in the dollar?

Posted on 11 July 2013

The values of fiat currencies are hard to measure because they are assessed mainly upon confidence in the government and expectations from the central bank. Though there is some room to analyze currencies based on fundamental data, such as inflation rates, retail sales, and trade balances, often speculation and fear are the most significant factors.
Kathy Lien of Currency Trader magazine wrote, “more than 80 percent of currency trading volume is speculative in nature and, as a result, the market frequently overshoots and then corrects.”……………………………………….Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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