Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP, USD/JPY, USD/GBP, USD/CHF, USD/CAD, USD/EUR. If you are a former investor looking forward to earn a long term profit by exchanging currencies, you should look at these 4 currency pairs. Fundamental outlooks on the above currency pairs vary. Some people prefer the USD/PHP as the one to trade while others choose USD/SGD.
The fundamental outlook on the US dollar is quite similar on the above 4 pairs. However, there are several differences in the analysis and buying strategies of these traders.
As mentioned earlier the USD/USD is the most liquid and widely traded currency in the world. The USD has been trading at a higher level for over two years now, which is one of the reasons why there is a global economic recession.
On the other hand the USD/SGD and USD/IDR are the two strongest countries in the world according to GDP. On the other hand the USD/MYR is considered the leading emerging markets in the world due to its excellent growth rate.
In order to get a fair understanding of the fundamental outlook of these two pairs, you must first understand the history of the USD. Fundamental analysis of the US dollar is based on the history and present condition of the US economy, which is quite similar to the analysis of other currency pairs.
According to the fundamental analysis, the currency markets are basically divided into three groups namely the USD/SGDollar, USD/IDR and USD/GYP. These are the highest yielding currency pairs, which have gained in terms of interest rates over the last few years. It is best to invest in the USD/USD pairs as it is the highest yielding among all the five major currencies.
Another group is the USD/SGDGDP which is considered to be one of the weakest currency pairs. However, with an advanced global economy, this pair is considered to be quite undervalued at this point of time.
Lastly the USD/GYP, or the USD/USDP has the lowest yield rate among all the three and is considered to be one of the most unstable pairs in the market. It is therefore considered to be one of the weakest trading pairs.
In order to know about the fundamental outlook of the three USD/SGD, USD/IDR and USD/GYP pairs you can visit the websites and read the complete blogs. There are some interesting trends that are noticed in these pairs and if you follow them closely, you would definitely gain a fair idea about their trends and their future outlooks.
Over the past couple of years, there is an upward trend in the USD/However, over the last two years, the trend for USD/has been decreasing as the number of purchases by the Chinese has been increasing, but with the recent introduction of tighter monetary policies in the country, it is expected that the demand for the Yuan will become stronger over the coming years. The trend is also expected to weaken if the Chinese economy faces difficulties and the US economy is also facing trouble.
Last but not the least, the USD/GYP is considered to be a very strong currency pair in terms of demand which is also a result of the fact that the Chinese economy is expanding. However, over the last few years the currency market in the US has experienced some problems and the only way out of this is for the USD to weaken in relation to the other major currencies in the global markets. This is one of the reasons why there has been a large decrease in the price of the USD/and as such many traders have looked at the possibility of purchasing the Yuan in relation to the US Dollar.