Topic: Currencies and economics around the world right now little forex (Read 42 times)

What we know what goes uo will come down.
What we have peaked now by looking the charts?
Usa usd inflation is at the peaks also housing market at the peak.
Usd dollar is lowest now anyone can make conclusion of that.
Uk british pound sterling is at the peak and no reasons but with short time span it can go up as rate hikes in uk.
What about europe ? And euro ?
Well the euro have some good liquitity but poor demand for the countries outside of the euro zone as we know demand will drive up the prices.

Canada dollar well the oil is in canada and other respurces and same time canada dollar is lowest now well there is pretty good demand for the canada curremcy also canada did rate hikes also so they decreased money suplly.

Usa and usd well ...the usa it depends on if biden can get manufactories going on and start production like china doing it if so. Then we will have demand for usd to buy products from usa.

China and rmb the chinese currency well yes we need products from made in china so yes it can have some pretty good demand and it can have demand.


With usa we have 2 important things to wait and see

1. Biden manufactories
2. Waiting for approval of USDT as reserve currency.
Also this requires strong military power so the usa remain right to hold reserve currency rights and will take over chinse manufactory thing.

British pound strengh now depend on other countries people decisions if they want to invest in uk will they considering uk the good place to park their wealth as countries dont print anymore money so there is no loans in uk against foreign currencies and no options for shell companies to take in foreign currencies in uk.

For the international wealthy guys and girls it can be still safe place to park their wealth its a canada as it has good liquitity of flow in and out of currencies and demand for cad to get oil from canada.

If world central banks engines will be started again about 2024-2025 then probably the uk can start taking in other countries currencies and investments for the properties from foreign investors until then me and few other good financel and also forex analytics dont see any interest in uk from foreign investors and those who want to park down their wealth somewhere.
So uk will fall a little bit then will do little dead cat bounce and then stays stable to see if other nationalitues and countries will start printing money to bring most money in uk to drive up uk economy and currency for few years again

Right now the canada is most demanded country for wealthy ones due the oil wich gives good demand to have canadian dollars.
Also the china as we all want made in china products so canada amd china are most demanded locations of wealthy investors.

But we should watch very close what the usa will do once the biden will get done 3 major things
1. Usdt
 2. Manufactories ( made in usa )
3.  More power with military
If those 3 things goes as plan then huge demand will be for the usd dollars again so those are the things to watch.

Yes thats the situation merit if you got goodknowledge about finances and also forex markets.