Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
US Dollar Index 14-Year Chart
Daily chart of 14 years of cyclical developments in finance & politics
http://www.bloomberg.com/apps/news?pid=20601087&sid=aNAYEzkBHXho
Ashraf
dealers, traders, central banks etc. but traders trade based on what conditions are and speculate on trends. but fundamental changes can happen which would could change the opinion of traders and therefore the trend. traders have no choice but to act on news or try to forecast the news, directional trends etc. so a lot can happen in the near term that can change the opinion of traders for longer term directions.
Ashraf
obviously thinly traded currencies can be heavily impacted through actions of even single speculators. but i cant see that happening against the usdx on a long term basis as economic fundamentals dont support a bear in my humble opinion.
i traded hsbc and standard charter options through this.