Brexit is Coming?
Turmoil is upon Europe as it struggles to keep Britain within the union, and a “Brexit” seems closer than ever. As a result of these EU difficulties, the dollar is still the strongest currency out there. There are significant disagreements between France and Germany over who controls the union, which results in the Euro's weakening and the Dollar rallies even more.
Europe's hopes of creating a stable union will soon vanish as demonstrations rages through the streets of France, and more and more people are interested in exiting the union and its currency. There is a great deal of disagreements within the union which may result in future separation.
Another effect of the dollar rallying is that it might moderate the rate hikes. But we yet to know if that's the case. Britain's desire for a” Brexit” is causing a major scare within the union. Despite of the fact the Cameron believes Britain should stay in the union, many wants a change. Meanwhile the percentage of those who supports and those who object are fairy equal.
The end result of all this is the dollar rallying yet again and it's worth using this situation for your advantage! Start trading here