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SOSTHENE & CHINA. The newest-and secret-turn of Chinese currency policy has been directly inspired by Sosthène. PBOC has created 'black' money on a very large scale, the equivalent of 7 CENTS on the Forex USD/CNY exchange ! (Hugely) Printing money used to be a US only policy.
Need someone to explain some questions to me as I was looking at investing in a GBP vanguard etf on the LSE. Yesterday the fed kept rates the same. My understanding is that this tells the market the U.S. Economy is not as strong as previously expected earlier in the year. This would cause USD to drop and it did. This morning Bank of England also chose to keep rates the same. This would mean that the UK economy is not stengthening also. This should cause the GBP to drop. However it has risen today. These two no changes of rates should cancel each other out however the GBP has risen. I am newer to investing and was hoping to pick up a UK GBP etf as a long term play in hopes that the GBP will appreciate and inhance my returns. I would then sell and switch to a similar USD etf. Obviously I should not go through with this plan now as the two announcements have made this a play I do not understand. All my positions are long etfs other then a about 15k in tot, rds.b, and bp. (Bought in low enough for high yields and hopefully a rebound in share prices with oil).
FOREIGN EXCHANGE RATE PREDICTION USING DEEP LEARNING (ANN, LSTM, and GRU)
In this post, I have demonstrated the application of LSTM and GRU and made a comparative analysis of their results for the prediction of Foreign Exchange Rate Prediction (Forex) USD/INR for 10 years data from August 2010 to August 2020. Post Link: https://wisdomml.com/foreign-exchange-rate-prediction-using-deep-learning/
http://twitter.com/forex_in_world/status/1310701118528327682Alternate Closed: USD/JPY Downtrend Pullback https://t.co/mH7EIsgzXn— FOREX IN WORLD (@forex_in_world) September 28, 2020
http://twitter.com/forex_in_world/status/1308957768787931136Swap Plot: Lengthy-time duration Short Setup on NZD/USD https://t.co/DjVGdoLebr— FOREX IN WORLD (@forex_in_world) September 24, 2020
http://twitter.com/forex_in_world/status/1308756477021044736Chart Art: Brief and Prolonged-Term Retracement Plays on USD/JPY and AUD/NZD https://t.co/KQoUt2rRaV— FOREX IN WORLD (@forex_in_world) September 23, 2020
http://twitter.com/forex_in_world/status/1308361321428246528Chart Art work: Pattern and Range Setups on USD/CHF and GBP/NZD https://t.co/qoPXKhoxPc— FOREX IN WORLD (@forex_in_world) September 22, 2020
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