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Market conditions and incentives have shifted in favour of the American currency

From interest.co.nz

Game-changing events that cause major turning points in the value and direction of exchange rates do not occur very often and are nigh impossible to identify in advance. However, when they do happen, more often than not it is not just one thing that causes the sudden reversal in market pricing, but a combination of developments and realisations that prompts the herd to change their behaviour and thus buying or selling actions. Over recent weeks a combination of political, economic and medical factors in the world’s largest and most influential economy, the USA, may be culminating to provide a substantial change in ... (full story)

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  • Category: Fundamental Analysis