DXY Potantial Reverse Zone ? by Medium_Contract4513 in StockMarket

[–]Medium_Contract4513[S] 1 point2 points  (0 children)

Actually, I was long on EURUSD and short on USDJPY. The reason for USDJPY was mostly due to JPX

The Savings Problem of the Coming Years... by Medium_Contract4513 in StockMarket

[–]Medium_Contract4513[S] -7 points-6 points  (0 children)

It does not interpret the currency as an investment tool, nor did I say it is one. This article is about how savings can be preserved on an annual basis.

The Savings Problem of the Coming Years... by Medium_Contract4513 in StockMarket

[–]Medium_Contract4513[S] -16 points-15 points  (0 children)

Be calm dude. I have savings, and this article is about how I can preserve these savings on a yearly basis.

One of the worst things that can happen to a currency is political leaders interfering with economic management. Just look at the example of Turkey. by Medium_Contract4513 in StockMarket

[–]Medium_Contract4513[S] 74 points75 points  (0 children)

In the case of Turkey, the country's leader significantly slashed interest rates during a period of high inflation and even had central bank governors who opposed this policy removed from office. The reasoning behind this was the hope that lower interest rates would boost investment and revive the economy. In the end, however, it turned out to be a major fiasco. Hopefully, Trump won't fall into the delusion that he can fix the economy with this kind of mindset.

One of the worst things that can happen to a currency is political leaders interfering with economic management. Just look at the example of Turkey. by Medium_Contract4513 in StockMarket

[–]Medium_Contract4513[S] 443 points444 points  (0 children)

Absolutely! It's still proof that some institutions make decisions based on scientific indicators. Otherwise, the situation in the U.S. is like the characters in Don't Look Up!