Hi guys, I need some help with something. I am not sure what the US equiv is of a central bank (someone please enlighten me), but sometimes won't they intervene when a dollar is getting to strong or too weak? What I also wanted to know is, when the powers that be are going to intervene, is there an official statement?
I was just looking at the pound and on my charts, the last time the GBP was this high was is 1991 and 1992. The GBP didnt stay at $2+ for long and shot down like a meteor. I was curious if you think this will happen again and what do I look for.
thanks guys.
I was just looking at the pound and on my charts, the last time the GBP was this high was is 1991 and 1992. The GBP didnt stay at $2+ for long and shot down like a meteor. I was curious if you think this will happen again and what do I look for.
thanks guys.