Jump to content
  • 0
Sign in to follow this  
Rathish

Forex market

Question

Posted (edited)

Bro, USA import more product and services compare to export. Then how USD value always increasing. ?

Edited by Rathish

Share this post


Link to post
Share on other sites

2 answers to this question

Recommended Posts

  • 0

Hi Rathish,

The dollar's value keeps rising mainly because of its reserve currency status. Keep in mind that almost everything that is bought or sold in international trade is paid for in dollars. Even powerful countries such as Russia, Japan, and China have to pay for most of their imports using the US dollar, which makes the currency almost a monopoly.

Hence, there is a never ending demand for the dollar by other countries, which is what keeps the currency's value supported, especially in such uncertain times. The powerful position occupied by the dollar means that most investors have faith that its value will never deteriorate given the constant high global demand for the currency, hence, its categorization as a safe-haven currency.

Share this post


Link to post
Share on other sites
  • 0
Posted (edited)

I have never trusted the dollar because it is not stable and constantly changes in price. Some of my friends trade dollar, but it seems to me that this is too risky. I mostly trade Forex and feel more confident. In addition, I work with a trusted company Investous broker, which provides me with highly qualified specialists and also an excellent platform that is supported on any mobile device. At first,I started trading on my own, but it didn't bring me much profit, which really upset me. As soon as I started working with these guys, my profit immediately began to grow. Now I can clearly see how much they helped me and how much my profit has grown. I have access to more than 270 financial instruments from 4 different classes. Few companies can provide such a wide choice for high-quality trading. With such a great income I don't even think about cryptocurrency

Edited by henrywilson

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×
×
  • Create New...