The US Dollar is the overwhelming choice for the worried global economy as Demand for the greenback drives currency trading, Joseph Trevisani from FXStreet reports. Key quotes “Markets around the world have crashed as investors, hedge funds and corporations have liquidated holding for cash trying to stockpile the asset most useful in adversity, the US dollar, sending its value soaring.” “Commodity currencies fared the worst with markets forecasting far lower demand for resources in the months ahead.” “Only the partial safe-haven currencies of the Swiss franc and Japanese yen were somewhat insulated from the strengthening US dollar.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: At risk of falling further FX Street 2 years The US Dollar is the overwhelming choice for the worried global economy as Demand for the greenback drives currency trading, Joseph Trevisani from FXStreet reports. Key quotes “Markets around the world have crashed as investors, hedge funds and corporations have liquidated holding for cash trying to stockpile the asset most useful in adversity, the US dollar, sending its value soaring.” “Commodity currencies fared the worst with markets forecasting far lower demand for resources in the months ahead.” “Only the partial safe-haven currencies of the Swiss franc and Japanese yen were somewhat insulated from the strengthening US dollar.” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
