Hey after the denial of the financial aid yesterday I don’t understand how the dollar could recover so fast, I really thought that that news was going to do the opposite effect. How can this be?
Hey after the denial of the financial aid yesterday I don’t understand how the dollar could recover so fast, I really thought that that news was going to do the opposite effect. How can this be?
Ignored
it is simple, it think. if this aid had been approved the US would have to print lots of new dollars which is supply and weakness for the dollar. Since it was not approved the dollar went up.
p.s. i am wondering why media focuses only on the bad side of the story...
From what I have read and my gadget has showed me, as the US market falls this causes all other markets to slowly fall, creating what is known as the domino effect. But as the other markets fall the US recovers showing an increase and not a decrease in the dollar.
From what I have read and my gadget has showed me, as the US market falls this causes all other markets to slowly fall, creating what is known as the domino effect. But as the other markets fall the US recovers showing an increase and not a decrease in the dollar.
Ignored
at the moment there is lots of money sitting aside waiting for the market to calm down. when that happens people will start buying stocks and that will create inflow and demand for dollars as people convert other currency into the dollar.
So that is where the money is, but why not invest it in these times of instability for me is the best time to trade because I can use my pure luck. Well luck mixed in with some indicators.
I don’t understand germy, these days when the market is insecure you are saying the thing is keep trading just with our luck? There a lot of people who say is better to stay away from the market for few days. What do you think??
Hello well depends on what strategy you have, some people have strategies for this kind of market conditions, other prefer normal condition. Some people prefer risk others don’t.
