US Dollar Forecast– US Dollar Rally Dependent on Fed Forecast and Haven Status A tumultuous week for the currency market has found the Dollar closing its fifth consecutive week in the green and well on its way to a record-breaking seventh consecutive month climb. Swiss Franc Forecast – Swiss Franc Opportunities Seen Beyond Breakneck Volatility Swiss Franc trading opportunities are likely to emerge ahead, but not before another wave ...
Although there has been much press recently about the US Dollar loosing its status, there is no doubt that as of this lesson and most likely for the foreseeable future, the US Dollar still reigns supreme over all other currencies of the world. The price for the majority of traded commodities such as oil is quoted in US Dollars and the US Dollar represents over 60% of the worlds currency reserves (the currency held by central banks to back their liabilities). These facts combined with the fact that ...
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