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XE.COM Rates 3 months

tigergorzow

By tigergorzow,
in Forex Discussion

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Synopsis Grand Master

Synopsis

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Posted

Great Point, TigerGorZow!  I was noticing some similar things also with the Pound Sterling (less so) and Chinese Yuan Renminbi.

On www.ino.com, gold has also been more attractive (price of gold dropping or less amount of USD needed to buy the same amount of gold).  Looks like the USD is gaining on several indices.  I am not sure if the Chinese Yuan Renminbi being included in the Special Drawing Rights starting October 1, 2016 has anything to do with these trends.

Lending to the trends, I suspect I will need to stay on my ps and qs (and stay off the pints and quarts) post event to stay on top of a potentially very fluid currency environment for the short to near term.

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