Posts Tagged ‘ reserve currency ’

Chinese Yuan as Reserve Currency

Even before the sovereign debt crisis in Europe damped confidence in the world’s second most important reserve currency, the Chinese Yuan was on the cusp of being accepted as a global reserve currency. We’re all familiar with the arguments attacking the Yuan in this context: its currency is pegged, its capital controls are rigid, and its [ READ MORE ]

EU Debt Crisis: Perception is Reality

I wonder if I wasn’t a little glib in my last post （Dollar Returns to Favor as World’s Reserve Currency）when I implied that the Euro would necessarily continue falling because of ongoing sovereign risk crises. In actuality, the situation is much more nuanced, and I want to qualify this idea below. As I’ve said before, the sudden [ READ MORE ]

Dollar Returns to Favor as World’s Reserve Currency

Rumor has it that the Dollar is about to make a run. As the credit crisis slowly subsides, (currency) investors are once again looking at the long-term, and they like what they see when it comes to the Dollar. For those that care to remember, 2008 was a great year for the Dollar, as the credit [ READ MORE ]

Chinese Yuan Still Pegged, and US Treasury Purchases Continue

It’s still anyone’s guess as to if and when China will allow the Yuan (RMB) to continue appreciating. You can see from the chart below – which shows the trading history for the RMB/USD December 2010 futures contract – that expectations of revaluation have eroded steadily since December 2009. At that time, it was projected [ READ MORE ]

Make Money On Forex Trading

Trade of currency has centuries-old history which ascends by times of the Ancient East, and in the Middle Ages when the arisen international banks began to apply the exchange means of payment valid for a presentation to the third parties that promoted increase of flexibility and growth of number of concluded currency transactions, definitive formation [ READ MORE ]

Gold, Oil And Forex

Try this 1500 pips a day Strignano Forex Signal Service and learn how to trade like pros from Tom Strignano- An EX CHIEF CURRENCY TRADER. This service also has an EXPERT ADVISOR programmed by an EX NASA programmer that can make money for you while you sleep. Know these Forex Charts. First practice on your [ READ MORE ]

What Influences Forex Market?

Out of all the currencies traded in Forex it is hard to find one that is the winner, though the positions of US Dollar seem to be more set than those of other currencies. The trading volume of this currency is much higher than of any other world currency. However, recently with the crises going [ READ MORE ]

US Dollar: Same Old Story

These days, it’s hard to offer a fresh perspective on the Dollar. The factors driving its short-term momentum – namely low interest rates and its perception as a financial safe haven – have been in place for nearly a year. It’s long-term prognosis, meanwhile, also hasn’t changed much. Since the beginning of the decade, the [ READ MORE ]

EUR/USD at Max Level Since August 2008

EUR/USD rose to its maximum level in more than a year today as the set of the fundamentally stimulating reports moved the global stock markets up, lowering the attractiveness of the U.S. dollar as a reserve currency. Along with the better than expected macroeconimical statistics and the FOMC minutes release, EUR/USD was also spurred by the good financial reports from the major U.S. companies. The currency pair is now trading near 1.4913, while the daily [ READ MORE ]

Dollar’s Role as Reserve Currency in Jeopardy

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 ]

Get members only access to exclusive insider views and updates of the best Forex Robots at work! It's free to join.
ForexRbot Insider
* indicates required field

Powered by MailChimp