http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/ Dollar Is Still the Dominant Currency Despite all of the predictions of the demise of the greenback, the dollar is still the dominant currency. Bloomberg writes that the currency that matters the most is still the dollar. Despite perennial predictions of the dollar’s eclipse, it accounts for more than 60 percent of global reserves. The euro, which was supposed to rival the greenback, makes up about 20 percent. China’s yuan, which was added to the International Monetary Fund’s reserve basket with great fanfare a few years ago, is 1.4 percent. The dollar was on one side of almost 90 percent of foreign-exchange transactions, according to the Bank for International Settlements. The yuan is making progress, but remains under 5 percent. The Turkish lira is in trouble and pundits blame the current president and political problems with the USA. But, the main problem for the lira and other emerging market currencies is that when the USA raises interest rates, money flows into dollars and away from the rest. The dollar is still the dominant currency. The Effect of Tariffs on the US Dollar So, the US dollar is strong, but it still responds to market forces. The Wall Street Journal notes that the dollar falls after Fed minutes show their worry about the effect of tariffs on the US economy. Officials at the meeting pointed to trade disputes as “an important source of uncertainty and risks” and highlighted a long list of concerns, including potential harm to business sentiment and a reduction in the U.S. households’ purchasing power. A weaker US economy would also weaken the US dollar. That having been said, the Fed is still likely to raise interest rates this next month, according to their minutes, and that will further affect emerging market currencies to the benefit of the US dollar.

1. DOLLAR IS STILL THE
DOMINANT CURRENCY
By www.ForexConspiracyReport.com

2. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
Despite all of the predictions of the
demise of the greenback, the dollar is
still the dominant currency.

3. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
Bloomberg writes that the currency that
matters the most is still the dollar.

4. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
Despite perennial predictions of the
dollar’s eclipse, it accounts for more
than 60 percent of global reserves.

5. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The euro, which was supposed to rival the
greenback, makes up about 20 percent.

6. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
China’s yuan, which was added to the
International Monetary Fund’s reserve
basket with great fanfare a few years
ago, is 1.4 percent.

7. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The dollar was on one side of almost
90 percent of foreign-exchange
transactions, according to the Bank for
International Settlements.

8. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The yuan is making progress, but remains
under 5 percent.

9. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The Turkish lira is in trouble and
pundits blame the current president and
political problems with the USA.

10. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
But, the main problem for the lira and other
emerging market currencies is that when
the USA raises interest rates, money flows
into dollars and away from the rest. The
dollar is still the dominant currency.

11. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The Effect of Tariffs on the
US Dollar

12. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
So, the US dollar is strong, but it still
responds to market forces.

13. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The Wall Street Journal notes that
the dollar falls after Fed minutes show
their worry about the effect of tariffs on the
US economy.

14. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
Officials at the meeting pointed to trade
disputes as “an important source of
uncertainty and risks” and highlighted a
long list of concerns, including potential
harm to business sentiment and a
reduction in the U.S. households’
purchasing power.

15. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
A weaker US economy would also
weaken the US dollar.

16. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
That having been said, the Fed is still likely
to raise interest rates this next month,
according to their minutes, and that will
further affect emerging market currencies to
the benefit of the US dollar.

17. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
How about Political
Uncertainty?

18. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
Slowly but surely, those investigating
the meddling in US elections and
related matters are progressing.

19. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
On our sister site, Profitable Investing Tips,
we looked at how Trump is becoming
increasingly implicated in this matter.

20. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
So, we looked at what effect that might
have on investing.

21. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The same could be a matter of
consideration for the dollar.

22. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The article, Could Trump’s Problems
Cause You to Lose Money, concludes
that politics are a sidelight to investing.

23. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
While they provide a degree of uncertainty
as to how laws might be rewritten, they are
only important when they directly affect
investments.

24. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The same can be said for currencies
like the US dollar.

25. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
If things go really badly for the sitting
US President, the issue for investors
will be uncertainty and not the specifics
of what is going on in the world of
politics and legal proceedings.

26. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
Will Trump’s problems cause you to lose
money?

27. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The answer is that if you lose money in
your investments, it will probably not be
the President’s fault!

28. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The same can be said for the US dollar
and Forex markets.

29. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
The strength of the US economy and rising
interest rates are the core issues for the
dollar.

30. http://www.forexconspiracyreport.com/dollar-is-still-the-dominant-currency/
So long as no one totally messes up
the US economy, the dollar will remain
the dominant currency in the world.