On 5 March I posted an idea about USDSGD.
Market is bringing back a classical economical theory; USD the gold standard – Many currencies are pegged to the USD and many countries have adopted USD as their main currencies, how then do we evaluate USD fundamentally on a macro level?
Aksoy & Piskovski (2006) argument stated that there is a relationship between money growth and macroeconomic fundamentals in the US but is obscured by the way monetary aggregates are being measured. If only monetary aggregate are measured as domestic money aggregates, it will contain valuable information about macroeconomic fundamentalsToo much? – A simplified thought would be since everyone is using them just buy but…
Under current market uncertainties, what currency will u be long for?
Called a long entry under the bullish channel but was taken out, hope u made some money in this. See a long potential holding