Business The Mexican Peso Explosion. Published 1 year ago on July 6, 2018 By Editor Share Tweet Mexico’s peso jump high as sentiments improved because the country’s next president Andres Manuel Lopez Obrador may seek a kindred relationship with President Trump. In their meeting, Trump and Obrador talked The North American Free Trade Agreement, Border security and also a potential bilateral trade deal. In the second quarter of 2018, the peso was one of the worst performers and this was mainly because the investors were scared of the leading contender’s leftist politics. The peso showed a 2 percent increase(19.57 peso to 1 USD) on the 3 of July. This jump can be called the strongest closing level in more than a month. The peso has benefitted from the high-interest rates(local) which have caused foreign investors to buy domestic bonds in Mexico by borrowing dollars. Day traders and investors were encouraged after the meeting of the 2 Presidents and the fact that Lopez Obrador has pledged central bank autonomy and the peso being allowed to trade freely has helped a lot. This article was written by @warrior-sage and edited by @flashfiction. This article can be found on PROFITRIBES. Do you want to make REAL money writing? Writers earn 50% of the SBD payout of all cryptocurrency/finance posts they submit. Send all submissions to email@example.com. Join the Discord Channel: https://discord.gg/56Pnrwc Omniloquent was brought to you by @yallapapi. Recommended reading: #1 Blockchain Simplified: https://steemit.com/crypto/@omniloquent/why-is-the-blockchain-important #2 Real Estate Investing: https://steemit.com/busy/@omniloquent/investinginrealestate-6ti7vr2lrq #3 Economies of Scale: https://steemit.com/business/@omniloquent/economiesofscale-ldbp306oun Related Topics:businessinvestingmoneyomniloquentwriting Up Next 3 stocks you’ll thank yourself for buying in 10 years Don't Miss A Brave New Browser Continue Reading You may like Whats up with the buffet buyback? Can cryptocurrency survive a gobal financial crisis? Global markets are getting volatile as trade spats continue. Is The U.S. Winning World War Trade? 3 stocks you’ll thank yourself for buying in 10 years In a bloodbath be a market vampire Business De-dollarization is on its way! Published 9 months ago on October 31, 2018 By Editor The Dollar is a weapon of mass destruction In recent years the news has been filled with stories on sanctions and othr economic turmoils that seem to all stem from the power of the United States of America. Before the 1960’s america had little control over the financial liquidity of the economies abrod but today with the swipe of a pen america can effectivley ban you from its Dollar club paralyzing your economy. in recent years that has begin to slowly change, nations like russia and china are becoming tired of the United States throwing its weight around. Even allies like india and Eu nations are looking into ways to escape from the petro dollar regime which has ruled for so long. A change is coming and it looks like America’s behavior is the catalyst. Big stories developing Turkey has dumped several billion dollars in Us debt securities and scooped up gold in an attempt to work closer with its allies Russia and China. The Dollar is fueling huge wars and it is coaxing nations into the growing de dollarization trend. Alliances are developing that may soon shift economic paradigms away from Washington and into thw world. If one is being optimistic they could even say that a new era is about to begin. Continue Reading Business Global markets are getting volatile as trade spats continue. Published 9 months ago on October 26, 2018 By Editor Trade wars taking their toll This trade spat between the united states and China is becoming increasingly burdensome upon the people of the world. Emerging markets are tanking and as of this week the american market is also strugling. In america the pullback can be attributed to the corporate shareholders who have been on a buying frenzy, taking a breather and starting to sell. this has kocked the DOW and NASDAQ off off all time highs and caused concern for the smaller investors. There is widespread reports of a possible recession caused by these market circumstances and it could be big. Some cryptocurrency supporters believe that this round of economic turmoil will translate into a run up in the prices of bitcoin and some altcoins. Will bitcoin prevail in the next downturn for most of this year stocks in the usa have been on a tear rising similar to how crypto did in 2017. Some are saying this rise will lead to a huge correction that will lead many investors to begin using cryptocurrencies. They site the instances of countries like Venezuela who almost immediately turned to bitcoin and crypto in the midst of its current crisis. I personally hope that this current downturn comes to an end and hopefully some of that money in the hemorrhaging stock market s will find its way into crypto. Check out this video that kind of explains some of whats going on from the crypto lark over on Youtube! source Continue Reading Business Is The U.S. Winning World War Trade? Published 11 months ago on August 21, 2018 By Editor A global trade war Since late 2017 President Donalt Trump has been threatening and levying tariffs on many of our economic allies. This has caused the global markets to experience volatility similar to the cryptocurrency markets .It is driven bythe uncertainty and FUD being spread by the media to investors, which has effectly created a direct correlation between the presidents actions and market movements. When the first tariffs went into effect the stock market took a masaive dive only to recover and dive again after anothe announcement of tariffs. Such volitility has led to increased fear of losin the trade war, yet it seems like this Tradewar has had far smaller of an effect in the U.S. than abroad. Donald Trump is winning!! when he started this trade war the president stated that “trade wars are easy to win” to racous dissent from the pundits and economists. Yet it seems that his confidence in the american economy was not misbegotten, since the trade war has started the stock market overall has been able to make gains on a weekly basis that has led it to approach new highs. Along with a booming stockmarket with companies reporting stellar earnings, the U.S. FED has also stated that interest rates will go up thanks to the stability of the economy. Meanwhile in Europe markets are struggling with various internal issues compounding the effect of trumos tariffs. China isn’t fairing any better with the majority of its stock market seeing red and thier central bank attempting to do currency acrobatics to stem the bleeding. The end may be near Now that all the rhetoric has passed it seems to be time for the ice to break and tensions to thaw. On wedensday August 22nd 2018 Chinese and American Officials will meetin to discuss trade terms and seek an end to the globally devastating war. Europe has already chose to come to the table an negotiate on the subject of tariffs so with Chinas apparent concession it seems that donald trup had actually wont the trade war. Maybe the other leaders realized it would be dumb to follow Trump down such a destructive path or maybe the U.S. economy is actually strong enough it could defeath the whole world in a fight!! Whatever the reasons it seems this saga of trumponomics is coming to an end, I dare say im excited to see what the future holds for us. Continue Reading Trending Business1 year ago Lets talk solutions. 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