Which is the analysis that we should do about the actual situation of the markets?. In the 90’s in a movie called “Jerry Maguire”, the player (Cuba Gooding Jr.) shouted to Tom Cruise (his manager) “show me the money”. The analogy seems to be at the real market as nowadays is the financial market the one that ask the Federal Reserve of the United States to calm down.
The forex analysis that must be done of the situation is very exhaustive as the monetary authority said that they would inject USD 8000 millions to provide of enough liquidity to the market.
The crisis that lives the dollar make many people worry and above all to those that make an analysis of the situation of the foreign currency to bet at forex. The last year a prestigious economist said that the United States made the value of the currency fall so that the European market get mpore expensive, and so protect its history and have no competence. Even if actually the devaluation of the dollar helps the American industry there are many nations that see how, with the dollar, is reducing its value, that’s why some countries have talked in these last days about diversifying their reserves.
All these details must be considered when doing an analysis at forex as the international situation affects the quotation and the movements of the foreign currencies.
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