New Frontiers In Currency Trading

By Author: Shawn Oman
Total Articles: 2
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It's a new world in currency trading. We as currency traders are seeing history unfold in front of us. The traditional drivers of price, demand and supply have been replaced. The carry trade is gone for now, and interest rates are basically taking a back seat to other geopolitical and socio-economic events from around the world. Even the "safe haven" dollar seems to be no more as the US balance sheet has become an "out of balance" sheet. I'm reminded of a saying by the author, Mark Twain from the late 1800's when he said, "I’m not so concerned about the return on my money as I am about the return OF my money"! I can see many traders, investors and even nations who agree with that outlook.

European sovereignty, Middle East turmoil, US QE2, worldwide inflation, energy supplies and economic rebuilding are the new economic influences and indicators. Money flows can literally be seen following them. Volatility is up and even the professionals have been seen scratching their heads as some of the typical commodity relationships have not been behaving.

The good news here is that we're all on the same playing field ...
... now and nobody's got the edge.
 
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