So what will happen to USD if brexit happens?
USD/MYR drop, v3
USD/MYR drop, v3
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Jun 7 2016, 11:02 PM
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#1
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So what will happen to USD if brexit happens?
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Jun 8 2016, 08:29 PM
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Jun 11 2016, 02:44 PM
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QUOTE(AVFAN @ Jun 8 2016, 11:36 PM) for fx, brexit is more about uk pound sterling vs the rest. With due respect you have got your facts wrong. Majority of Brit's want to exitlittle impact on usd/myr. consensus is the vote will be no, majority of brits happy to stay on. so, a non event expected. http://www.independent.co.uk/news/uk/polit...d-a7075131.html From what I understand USD is still the world reserve currency of the world and a safe haven because currently there are no other currency that have the debt and liquidity to hold the big money when there is uncertainty in the world like brexit. Hence the rise of us stocks due to big money pouring in for safety If UK stay in the eu London risk losing their status as a financial hub of the world due to eu ban on short selling in the euro zone. There are more good reasons for UK to exit than to stay. This post has been edited by BrendonStar: Jun 11 2016, 02:48 PM |
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Jun 27 2016, 10:43 PM
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QUOTE(cherroy @ Jun 27 2016, 10:20 AM) Worldwide renown Safe heaven currency : I agree so what will happen if the people of the world loses their trust in the government of USA to handle the economy and their finance. What asset is going to rise and what asset is going to fall?USD Yen Swiss Franc Financial market money flock to those currency whenever there is financial crisis. |
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