LTG Goldrock introduces the attributes of several major currencies, because these currencies are the main trading currencies of the foreign exchange market. In order to smoothly conduct foreign exchange transactions, we must keep in mind the attributes of these currencies.
1. Euro
The attributes of the euro have the following points:
The euro is the largest currency variety in addition to the US dollar.The euro can be used as the opposite of the dollar, and it occupies a large proportion in the US dollar index.
The active time of the euro is the European trading period and the US trading period.
The attributes of the euro are relatively stable, the trend is relatively standardized, and there are fewer fake and broken phenomena. Whenever the United States or Europe has important economic data, it has the biggest impact among European currencies.
There are important influences: euro/yen (Eur/Py), euro/(EUR/GBP), euro/EUR/CHF.
The attributes of Swiss francs and Swiss francs (hereinafter referred to as Swiss francs) have the following points:
The trend of Swiss francs is basically the same as the euro. Since Swiss francs are generally more stable in the short term, the short -term rising and falling of Swiss francs is generally consistent with the euro.Species a relatively strong phenomenon.
Swiss francs have risk aversion attributes.
The trend of Swiss franc is relatively unstable than the euro.Therefore, when using technical analysis, pay attention to the emergence of fake and broken phenomena.
Anti -impact cross exchange rate: euro/Swiss franc (EUR/CHF), pound/Swiss Fazuro (GBP/CHF)
3, pound
The attributes of the pound have the following points:
The pound and the euro and Swiss francs belong to the European currency. The big trend is more consistent, and occasionally there will be a separate strong or weak market.
The interest of the pound is high, and sometimes it is better to be performed well by the strong stimulus of high -interest currency.
The number of pound fluctuations is large, but in terms of percentage, it is similar to the euro and Swiss francs.
Anti -impact cross exchange rates: pound/yen (GBP/JPY), euro/GBP (EUR/GBP), GBP/CHF (GBP/CHF).
4, yen
The attributes of the yen have the following points:
The trend of the yen is more independent
The exchange rate of the yen is vulnerable to cross -disc.
March is the settlement of the Japanese fiscal year each year. Historically, the Japanese yen often has a big strong market in this month.
In September each year, for the half -year fiscal settlement month in Japan, the Japanese yen often has a strong strong market.
The Japanese government often intervene in the foreign exchange market, and the direction of intervention is generally pushing the yen.
In one -sided trend, the yen sometimes has a long period of consolidation.
Anti -impact cross exchange rate: euro/yen (EUR/JPY), pound/yen (GBP/JPY).
5. Canada dollar
The attributes of the Canadian dollar (hereinafter referred to as Canada) have the following points:
Canada is a high -interest currency.
The trend of Canada has a strong connection with product futures (because Canada is an important oil exporter in the world).
The direction of Canada's trend is very strong. Once a mid -line direction appears, Canadian Yuan is easier to get out of a larger unilateral market.
The main active period of Canada is during the US trading period (this period is also the time for the Canadian market).
Australian dollar
The attributes of the Australian dollar (hereinafter referred to as the Australian dollar) have the following points:
The Australian dollar is a high -interest currency.
The trend of the Australian dollar is strongly connected with commodity futures such as gold (because Australia's gold production is large).
Due to Japan ’s investment in Australia a lot, before and after Japan’ s fiscal year settlement, the Australian dollar often fell sharply (due to Japan ’s funds returning to China).
The Australian dollar is greatly affected by the trend of the New Zealand (NZD).
Anti -impact cross exchange rate: New Zealand dollar/Australian dollar (NZD/AUD).
