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Day 2 - New month, new challenge (part II)

Dear Community,
Based on major topics that we all will face this new month and settled yesterday, here is my opinion:
a) US Presidential election: if you believe that Trump will win then USD currencie in particular will go further down below the deep support line around 96.500. By the other hand Gold asset will go higher as safe heaven asset. In this right moment it is impossible to predict and we have to remember what happend with Brexit vote, no matter what projections saying;
b) GBP: is the B…
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Exotic Currency: Beaver Pelts

Coins, cash or debit cards are payment methods these days, but skepticism against the EURO and US Dollar makes alternatives more popular. So, what about ... beaver pelts?
In previous centuries, beaver fur was a payment methods in North America and Canada. Formerly the beaver was the "king of fur-bearing animals". Until the mid-20th century the beaver was even used as the main payment method in North America.
Supplies .................. Value of Supplie
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Nicco avatar
Nicco 5 Mar.

Seriously, I tgink that's the future of the currencies! You're the best finance professional!

Berkeley avatar
Berkeley 5 Mar.

Cheers!

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RBA Wants Aussie at 0.8500

Yesterday if you where trading or at least watching AUD pairs, was a pretty intense day. Aussie plunged 95 pips in just 4 minutes after some comments from RBA governor Stevens hit the market. RBA's Stevens said that Australia needs AUD/USD closer to an 0.8500 exchange rate. Basically this was an aggressive verbal intervention from RBA governor who said that lower aussie is preferable to rates to help the economy.
The only reason why he wants lower aussie is so he doesn't need to lower rates agai…
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jezz avatar
jezz 13 Dec.

Aussie usually ends the week at the same point it was... maybe you'll cut your losses

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