Your Questions About Forex Market
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Lizzie asks…
What will happen to the Forex market if things keep going down
hill?
No...
More
Your Questions About Forex Market
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Lizzie asks…
What will happen to the Forex market if things keep going down
hill?
No one ever seems to talk about the Forex market.
admin answers:
Actually the US dollar has been doing well during the recent crisis.
Since this is a global
financial event, foreigners think the dollar is safer than a lot of their home currencies.
In the Forex market, you’re always comparing one currency to another- it’s not like the DOW
that either goes up or down.
So if the dollar goes up versus the Euro, one is going up while the
other is going down.
They don’t like to talk about the Forex because the PTB (Powers That Be) would prefer that
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