Goldilocks’ Comments and Global Economic News Thursday AM 12-28-23
Good Morning
The economic and political conditions of a country can also cause a currency’s value to fluctuate. While investors enjoy high-interest rates, they also value the predictability of an investment. This is why currencies from politically stable and economically sound countries generally have higher demand, which, in turn, leads to higher exchange rates. LINK
https://www.xe.com/blog/money-transfer/why-do-currencies-fluctuate/
~~~~~~~~~~
Demand and Supply Shifts in Foreign Exchange Markets Llumen Learning Link
~~~~~~~~~~
Based on the decision of the Board of Directors of this bank No. (191) of 2023, it was decided to give the mediation companies buying and selling foreign currencies under category (C) a period of time to merge to be classified as (A) or (B) until 3/31/2024. https://cbi.iq/news/view/2491
~~~~~~~~~~
Big money is dropping out of their long positions in the market right now.
This is usually an indication that volatility is ahead and the movement into day trading will be more profitable since they can move in and out of positions quicker.
This is expected due to the fact that we are beginning our transition from an Old Market to a New Digital one.
© Goldilocks
Investors Link
~~~~~~~~~~
Stocks moving into a dangerous period
https://youtu.be/kVJAbn2RSpI?feature=shared
~~~~~~~~~~
US States Make Move To Reclassify Gold And Silver
