Your Questions About Forex Market The following Question and Answer is brought to you by our Forex Consultant with interaction from members of the Yahoo Answers community.
What will happen to the Forex market if things keep going down hill? No one ever seems to talk about the Forex market.
admin answers: Actually the US dollar has been doing well during the recent crisis. Since this is a global financial event, foreigners think the dollar is safer than a lot of their home currencies. In the Forex market, you’re always comparing one currency to another- it’s not like the DOW that either goes up or down. So if the dollar goes up versus the Euro, one is going up while the other is going down. They don’t like to talk about the Forex because the PTB (Powers That Be) would prefer that
you invest your money here in the US of A. If you buy Euros or British Pounds or whatever, youâ€™re investing overseas.
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