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We provide investors with valuable alternatives in the Forex marketplace. These include innovative educational opportunities, comprehensive research, superior analytical tools and state-of-the-art electronic trading capabilities.Well, China is at it again. They’re calling for a “super-sovereign” world reserve currency. Lately, they’ve invested more in IMF bonds, IMF SDRs (Special Drawing Rights), etc. They’ve even been diversifying into commodities and commodity companies too.


Article Content:

Well, China is at it again. They’re calling for a “super-sovereign” world reserve currency. Lately, they’ve invested more in IMF bonds, IMF SDRs (Special Drawing Rights), etc. They’ve even been diversifying into commodities and commodity companies too. All of these things are bad news for the greenback! Therefore, it’s taking it on the chin once again this morning. The Aussie dollar has been one of the biggest beneficiaries (since they produce/mine so many commodities that China uses). So those that are long AUD/USD this morning have been helped this morning as the buck gets slammed!