Find fresh, updated content every day including technical and fundamental analysis and forex trading strategy.Buying US dollars against any currency is increasingly hard to justify. The big buy back in short USD positions that happened last year was brought about by a market which was completely over-leveraged but we now seem to be back in a phase of continuous USD weakening and it is not

How to living rich, happy, and comfort as become professional forex trader with emotion free trading methods and the best indicators and signals.Chinese central banker Zhou says China is happy with its dollar-heavy reserve position as long as returns are reasonable.Despite China’s big Treasury holdings, he says China’s FX reserve portfolio is diversified. No panic on reserves from Zhou, so take that as a modest

Find fresh, updated content every day including technical and fundamental analysis and forex trading strategy.The head of the People’s Bank of China, the Chinese central bank, says that a stronger Yuan alone (as the US, Europe and others have called for)  is not sufficient to remedy global imbalances. Even if domestic demand rises, it will not reduce FX reserves, he says as well.