Wed, Oct 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

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


 Article link

This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031