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Did Dollar Set a Trap?

Forex

According to the dollar smile theory, the USD decline is just a correction Unlike the past recessions, the current downturn doesn’t result from the unwillingness of consumers and companies to spend. They simply can’t spend. It is rather like a hurricane that hits a particular territory and seriously harms the region’s economy. The economy follows [

Pound is led by Dollar

Forex

As dollar makes a stronger influence on Forex, the GBP/USD follows the news from the USA All unhappy countries are alike, each happy country is happy in its own way. The coronavirus and the associated recession have set the states in an equal position. Almost all countries expect a substantial drop in the GDP rate, […]

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