Nearly three years ago, the world economy was
facing four major problems: the bankruptcy of Greece
Before the world faced these problems, the
average trading price of the major currencies against the dollar was as follows
EUR USD 1.3
GBP USD 1.5
Gold 1350 USD
With the emergence of signs of crisis, the
prices of the major currencies fell against the dollar to start the fall of the
currencies against the dollar to record the dollar fell sharply followed by the
collapse of the pound sterling and then fell gold in turn below the levels of
1100
In that period, the markets took a state of
panic, which led traders to get rid of everything and to buy the dollar. They
tried to keep their value in buying the dollar. All indications were that the
only reliable asset is the dollar
At that time, the dollar index saw sharp jumps
reaching 102, while oil prices fell sharply to record low levels of $ 35 a
barrel, down from levels above $ 100 per barrel
But that was not good for anyone because
trading prices were unrealistic for many reasons
First, the Euro is the old German mark but it
is wearing a new mask, and most of the value of the Euro is essentially the
strength of the German economy
Switzerland, for its part, had prepared for
sharp declines to the euro after its decision to stop buying the Euro and when
the signs of the crisis appeared Greece fears and panic was dominating the
markets, giving the senior traders an opportunity will not compensate for the
purchase of the Euro bottom of the deep against the dollar and against other
currencies
With the British referendum, the Sterling Pound
fell to its lowest levels, but then no one could justify it so far. The Flash
Crash, in which the pound fell below 1.2 against the dollar, took place within
two minutes. Right Now
Gold, in turn, has seen a sharp decline,
influenced by analysts' analysis that gold will trade within three decimal
places and that gold is no longer a safe haven
This was followed by an exaggeration in the
strength of the dollar based on the gains made by the US dollar index and the
appetite for buying US indices
But the real economy was something else
The British exit is emptied of its content
The new US
president is sparing no effort to weaken the dollar, which has lost America
Donald Trump is not the direct cause of the
beginning of the dollar's decline but only represents the green light. The
dollar has been evaluated against sharp speculation and gained more strength
based on speculative analysis, but the dollar was not as strong at all
It is the world of speculations where clever
plots are hammered to push markets in a direction before market makers and
major traders begin to adjust direction and manage rudder
Now we are seeing the beginning of a return to
the levels of trading in 2013 and 2014, the BIG BOYS club that controls the
markets felt during the last month and the current that there is a warning to
the beginning of the return to those levels pressured with large financial
reserves to return levels to give traders the opportunity to panic and force
them to be satisfied With floating losses and out of the right trades direction
Is almost the last move, which may extend to
any time frame necessary for the success of this move before allowing a return
and quickly to the levels of 2013 and 2014
Interestingly, gold, which has not retreated to
the 1200 levels, the oil continues to rise, and the declining US dollar index,
did not make anyone aware that the plot is about to be completed and that what
they see is not what actually happens
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