Posts Tagged ‘ accumulation ’
Forex market is very volatile and can move quickly and unexpectedly. But sometimes market can take a rest, or someone would say the market is sleeping, which means it is consolidating, accumulating or moving sideways. Why does this happen to markets? This process can have many reasons, but this article will touch upon the basic [ READ MORE ]
Wealth starts with ideas. As I can see your attention is entirely focused on Forex trading. I can say that you are on the promising way. Now let’s talk about wealth because such an extremely fascinating thing is going to be the product of your Forex trading if you act properly. How do you usually think [ READ MORE ]
I concluded my last post by promising to discuss the implications of a change in the status quo, regarding the Dollar’s role as the world’s reserve currency. As it turns out, the last few days have witnessed a few developments on this front. First of all, the G7 concluded its latest round of talks. Despite previous [ READ MORE ]
After a brief pause, the world’s Central Banks (or at least those in Asia) have begun to once again accumulate foreign exchange reserves. I’m not one for hyperbole, but the figures are downright eye-popping: “Reserves held by 11 key Asian central banks totaled $2.625 trillion at the end of August, up from $2.569 trillion at [ READ MORE ]
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