So your heart is in the right place when you say “My Dollar is down the drain as Euro, CAD, Aussie Rip Higher”. But, do you have proof? This article is about pointing out ways to verify and understand your trades.
We all know that there are many currencies involved in the world’s largest trade – Dollar. Many of these currencies are not always included in the USD-level index.
Let’s begin with the deny statement. This phrase indicates that a currency is up or down in value. It is sometimes used in political terms. It is also used to refer to the sales of a company or product when its value is going down.
Russia’s ruble has been “down the drain” by an average of more than one percent a day. If you’re looking for the face value of your money, do you really think that the Euro, CAD, Aussie are selling like hot cakes? Or is it the other way around?
The deny statement might be used by the market makers when they set the pricing of a trade. They get paid by your bank account when you get paid by their bank account. If your bank account is in EUR/USD, and you get paid in Euros, do you really think that your bank account will go down in EUR/USD?
The “down the drain” can also be used by market makers when they need to confirm that they are getting enough cash to cover all the money that they’ve sold at a lower price in “the dollar”. For example, if you sell two hundred dollars’ worth of good when you’re asked to pay five dollars, your bank is paying two hundred dollars in cash. However, the bank is giving the price of five dollars and receiving two hundred dollars as a confirmation in the form of a check.
Just like the sell when you’re buying something in a different currency, the bank has to “buy” the same amount of USD and the Bank of Canada has to buy the same amount of CAD. The Bank of Canada is willing to give this customer two hundred dollars in cash. That doesn’t mean the person on the street that sells in USD/CAD/AUS is also thinking in “cents” but it does mean that some people in that country are using “cash” as a currency of measurement.
The sell when you’re buying something in another currency is called the “cents”. Just like the dollar, the euro and the yen are widely used as a currency. This is called “pink sheet” trading.
The USD-US dollar index doesn’t always have the same value. There are many reasons why. The sell when you’re buying something in a different currency is a way for the market maker to confirm to his clients that he can get some cash without having to buy all the “goods” all at once.
When the market makers are searching for a market to trade their products, they pick one country (or several countries) that make up a significant part of the value of the economy. In general, they then sell the product and in return make a “call” for the same product in a currency other than the currency they sell.
The “dump” is when they get a lot of cash, whether in dollars or another currency, and they try to sell it all to the market for the economic base of the market maker’s account. The amount that the market maker needs to sell the “goods” in the “other” currency is calculated as a certain percentage. of the total amount that he’s trying to sell in the economy’s currency.
The face value of your money is as a result of what you have in your bank account, but don’t overlook the differences in the dollar that relates to what your account earns and what the market maker gets in USD. is worth.