Strategists at Westpac Institutional Bank stuck last week with the view that ‘USD/JPY will indeed head lower’ given that other than a ‘large flow’ there was no logical reason for the pair to have done what it did late Feb. They are questioning now how long it could go. Key quotes “We have to note […]
USD/JPY: Approaching oversold levels – Westpac Baca Selanjutnya »
The inherent deficiencies in our system virtually guarantee that long-term implications of massive debt will be ignored. Unfortunately, the “long-term” may finally be upon us, and a dollar collapse of shocking proportions is increasingly likely. This Depression is just getting started. Words: 1011 The value of a currency is determined by a number of variables. In
Massive Debt = Dollar Collapse = High Inflation = Likely Depression Baca Selanjutnya »
“What Makes a ‘Safe’ Currency? A nation’s currency is issued by its central bank and a central bank is structured like any other bank– it has assets and liabilities. On the asset side of the balance sheet are things like government bonds and gold….Its liabilities include the nation’s money supply, technically known as central bank
Which Is the World’s “Safest” Major Currency? You’ll Be Surprised Baca Selanjutnya »
US DOLLAR, MALAYSIAN RINGGIT, USD/MYR, BANK OF MALAYSIA, CORONAVIRUS – TALKING POINTS Malaysian Ringgit eyes Bank of Malaysia rate cut amid global growth risks US Dollar may rise on haven demand if sentiment sours on coronavirus news USD/MYR uptrend is held intact by key rising support, eyeing EEM as well MALAYSIAN RINGGIT EYES BANK NEGARA
US Dollar, USD/MYR May Rise After Bank of Malaysia on Epidemic Woes Baca Selanjutnya »
GBP/USD recovers from three-day low amid broad US dollar weakness. UK will release its mandate for the post-Brexit trade talk with the EU, British PM Johnson is widely expected to ditch Brexit WAB. BoE’s Cunliffe, US data and coronavirus updates will also keep traders busy. GBP/USD bounces 23 pips, or 0.18%, off to 1.2932 while
GBP/USD consolidates losses ahead of UK’s list of post-Brexit negotiation goals Baca Selanjutnya »
