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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST! -- Ignore unavailable to you. Want to Upgrade?

To: CapitalistHogg™ who wrote (176)7/5/2007 12:48:51 PM
From: RockyBalboa  Respond to of 247
 
Historically those high yielding currencies in the pacific rim were also highly volatile compared to the stodgy EUR block; the traders called them soft currencies...



To: CapitalistHogg™ who wrote (176)8/16/2007 2:57:32 AM
From: RockyBalboa  Read Replies (2) | Respond to of 247
 
You see the meaning of term "soft currency"?

in recent days the Austral and the Kiwi were really soft. No buyers ... and they really crashed. The NZD lost 14% in a week or 2.


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