5th January 2009 (Monday) Malaysia For GBP/USD Tips

( This is only my predictions )

BUY Area - 1.4563

Sell Area - 1.4481

Salam... I'm still slept after Morning Prayer... hehehe... lets Asia market goes by.

Try to predict yourself, before I do. Give a comment by just press the comments column... Try your best.

Tips from Oracle :

How a Dollar Collapse will drag other currencies down

Among these many nations running trade deficits, there are four groups whose currencies are vulnerable to a US dollar collapse:

1) Nations who are financing trade deficits by selling off dollar reserves . Nations in this category include: India, Japan, Saudi Arabia, Russia, and most middle-east oil producers.

2) Nation who are financing trade deficits with large amounts of US foreign aid. Nations in this category include Israel and Egypt.

3) Nation who are offsetting trade deficits with remittances from citizens working abroad. Nations in this category include Mexico and India.

4) Nation who are trade heavily with US while running trade deficits with rest of the world. Nations in this category include Japan and Mexico.

The USD situations:

Currency: dollar— Doomed
Trade Balance: Growing Deficit

The GBP situations:

Currency: pound— Doomed
Trade Balance: Growing Deficit