Bank Interventions and its Effects - Page 3
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Thread: Bank Interventions and its Effects

  1. #21
    Quote Originally Posted by forexfighter007 View Post
    Yes Usd is the main and the most important currency. Also Usa is the most powerful country and hence it news can affect entire Forex market. The reason i was attracted to trading forex in the first place was making money. i was very greedy when i started trading, but over time, i learned to trade properly and am fairly good at trading now.
    Right, as of the moment USD is the main currency in trading because its the biggest used currency reserve, they maybe powerful in terms of military power but in terms of economy they are now only second to China and once CNY(chinese yuan) become part of the currency reserve which most expert believe to be pushed by IMF late this year then their will be a major shake up in the currency market, the US dollar will depreciate as Chinese Yuan will dominate. Remember this post!
    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

  2. #22
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    Quote Originally Posted by techboy View Post
    Right, as of the moment USD is the main currency in trading because its the biggest used currency reserve, they maybe powerful in terms of military power but in terms of economy they are now only second to China and once CNY(chinese yuan) become part of the currency reserve which most expert believe to be pushed by IMF late this year then their will be a major shake up in the currency market, the US dollar will depreciate as Chinese Yuan will dominate. Remember this post!
    I do not think you know what you are saying, there is never a way the Chinese Yuan will dominant the USD. You are looking at it at the economical level, but you forget about the stability as well. What currency is as stable as the USD? They have faced many challenges, and they are still standing firm. Power is not shifted as easy as you think.

  3. #23
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    Quote Originally Posted by cozard007 View Post
    I do not think you know what you are saying, there is never a way the Chinese Yuan will dominant the USD. You are looking at it at the economical level, but you forget about the stability as well. What currency is as stable as the USD? They have faced many challenges, and they are still standing firm. Power is not shifted as easy as you think.
    That is true. Though nothing is totally impossible but still is is almost impossible for Chinese Yuan to outperform the US Dollar. But there is nothing wrong to hope anything and so dear techboy you can keep up with your hopes. I would also feel good if my Indian rupee will become the leading currency pair in the world. But these are our mere passions I think and being realistic even when being passionate is a good thing. Realistically Usd will continue to be the major in foreseeable future.

  4. #24
    Quote Originally Posted by PROPENSITY100 View Post
    That is true. Though nothing is totally impossible but still is is almost impossible for Chinese Yuan to outperform the US Dollar. But there is nothing wrong to hope anything and so dear techboy you can keep up with your hopes. I would also feel good if my Indian rupee will become the leading currency pair in the world. But these are our mere passions I think and being realistic even when being passionate is a good thing. Realistically Usd will continue to be the major in foreseeable future.
    Well, i agree with you in here regarding that problem. First of all, you need to see that the current china yuan is doing more easing and printing more money. SO that simply means that they will get even weaker in the future. Not to mention that they have some debt that still uncleared as well. So we need a lot of things that keep pushing yuan for lower against usd.

  5. #25
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    Quote Originally Posted by sekiryutei View Post
    Well, i agree with you in here regarding that problem. First of all, you need to see that the current china yuan is doing more easing and printing more money. SO that simply means that they will get even weaker in the future. Not to mention that they have some debt that still uncleared as well. So we need a lot of things that keep pushing yuan for lower against usd.
    It is true that over the recent times the data that is coming out of China is not positive at all and we should remember this fact and also know that if we are trading in the Commodity currencies they do get affected by it and we have to understand this.

    There are times when our trading is not going as we want to be and this is why we have to restrain from doing such types of trade

  6. #26
    Quote Originally Posted by nsawork View Post
    It is true that over the recent times the data that is coming out of China is not positive at all and we should remember this fact and also know that if we are trading in the Commodity currencies they do get affected by it and we have to understand this.

    There are times when our trading is not going as we want to be and this is why we have to restrain from doing such types of trade
    Well, the commodity are quite dying right now and that is why china is going down. But actually the real reason comes from china since they are the one that makes commodities falls down except oil. Since they are not buying then the prices falls down. And then the commodities country even cutting their rates such as Australia, i quess it's almost certain already bro.

  7. #27
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    Quote Originally Posted by sekiryutei View Post
    Well, the commodity are quite dying right now and that is why china is going down. But actually the real reason comes from china since they are the one that makes commodities falls down except oil. Since they are not buying then the prices falls down. And then the commodities country even cutting their rates such as Australia, i quess it's almost certain already bro.
    Yes this is a fact that i see after the Reserve Bank of Australia has decided to reduce the interest rates and this is also a reason why we see that the value of the Australian dollar is going down now a days. We also see that many of the Commodities are also under pressure.

    And if we are actually trading in them then we should always think before placing our orders in such deals.

  8. #28
    Quote Originally Posted by sekiryutei View Post
    Well, the commodity are quite dying right now and that is why china is going down. But actually the real reason comes from china since they are the one that makes commodities falls down except oil. Since they are not buying then the prices falls down. And then the commodities country even cutting their rates such as Australia, i quess it's almost certain already bro.
    Well mate I don't spend much time with commodity trading, and don't focus much on its fundamental factor's too. But you are correct that china investor's affect commodities in a big way. Specially Crude oil, So you are a current commodity trader or do mostly trade in currency pairs? In which type of commodity you mostly do trade mate?

  9. #29
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    the use as working of the news analytics on appealing the better decision with the trading order as those to had with the customs as trader manages of the selection with the distinct on rules with the preset on strategy as entering market with the focus on manage with the scopes on analytics targeting the uniques on options to work of the submission of the good order with the trading.

  10. #30
    Quote Originally Posted by Hukam View Post
    Well mate I don't spend much time with commodity trading, and don't focus much on its fundamental factor's too. But you are correct that china investor's affect commodities in a big way. Specially Crude oil, So you are a current commodity trader or do mostly trade in currency pairs? In which type of commodity you mostly do trade mate?
    For now i watch the oil pair. After all, one of the biggest oil producer in the world is the united states. So that will make a lot of difference and movement as well in the US dollar. But i watch the New zealand as well. The commodities that will move new zealand dollars are kiwi and the milk. the dairy prices will surely change the trend in the new zealand and kiwi as well.

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