RahmanSL
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I have mentioned this a number of times why the EUR and USD rise and fall makes not much sense, and it's all to do with making monthly payroll and expenses.
Nearing end of the month, the EUR will rise to allow Euro Zone members to make as much money as they can from the forex market....then on first week of the new month, its the American's turn to make money from the forex market to make up for the money they have borrowed to make payroll and expenses.
Very nice set-up and nobody the wiser nor need to know.
Nearing end of the month, the EUR will rise to allow Euro Zone members to make as much money as they can from the forex market....then on first week of the new month, its the American's turn to make money from the forex market to make up for the money they have borrowed to make payroll and expenses.
Very nice set-up and nobody the wiser nor need to know.
