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USD supremacy

Dilip

Dilip

Administrator
Do you think the USD supremacy in the market is a good thing? A stable and solid currency to trade on?
 
Do you mean like in Forex trading? If that's what you're talking about, then yes, USD is king of all the currencies when it comes to trading. What happens to USD affects every other currency. It's like what happens with Bitcoin in cryptocurrency trading.
 
Since I have been involved in forex trading, I have come to understand the importance and impact of USD in the trades. You can never overlook USD influence in the currency market if you want to win your trades.
 
USD might not be the most expensive currency but it's the most used all over the world. This is what gives it the supremacy over every other currency in the world. This is why I love keeping my money in USD as well.
 
William said:
Since I have been involved in forex trading, I have come to understand the importance and impact of USD in the trades. You can never overlook USD influence in the currency market if you want to win your trades.
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That's absolutely correct. USD is the base of all currencies. There is less that you can do once USD is showing any level of weakness. This is what a lot of people don't know unless they go into trading to find out.
 
There are so many currencies most people don't know about or when the name but when it comes to USD, I don't think there's any part of of the world that doesn't recognise the currency.
 
USD is often referred to as CASH MONEY!

It's why favourite currency in the world and it's very strong in the international market especially for import and export. Also, it's very strong in currency trading.
 
I believe USD gas cemented itself as an international currency, and rightly so. Most international business deals are being done in dollars, and it doesn't seem like any currency is going to take that spot from it.
 
Dilip said:
Do you think the USD supremacy in the market is a good thing? A stable and solid currency to trade on?
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I can't think of any currency which should be more supreme than USD in trading. America is a great country, it's right for their currency to be on top of every other in the market.
 
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