Currencies behaviour

Posted: August 18, 2017 in Uncategorized

Very interestingly last week a never seen before behaviour changed in the currency space.

Every Time there is a scare event like North Korea usually the USD strengthened. And this is happened since the 2 World War until last week.

The other usual refuge currencies (Yen, Swiss Franc, Gold) strengthen.

But the US Dollar weakened and the Chinese Yuan strengthened.

This is really a shift of power from the US to China.

A classic sign of the fall of an empire.

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