Post
Topic
Board Bitcoin Discussion
Re: American dollar climbs most in 10 months while Bitcoin stagnates
by
digitalindustry
on 15/09/2014, 17:04:42 UTC
The Federal Reserve is getting close to raising interest rates for the first time in eight years. This is the furthest the dollar has gone in six years in relevance to the Japanese Yen. According to the head of foreign-exchange strategy at the Canadian Imperial Bank of Commerce in London, Jeremy Stretch, there has been “a significant lift in volatility [in the market], and levels have moved up substantially,”

More @ http://cryptoconspiracy.com/american-dollar-climbs-most-in-10-months-while-bitcoin-stagnates/

oh dear - :

well at least you just reported it.

if you understand anything about exchange rates, the Yen is plummeting, the Dollar is not specifically rising, Japans GDP just went from 6.1 percent positive to 6.8 % NEGATIVE:

http://kolinevans.wordpress.com/2014/08/13/so-the-japanese-train-wreck-finally-pulled-in-to-the-station/

I can not however comment on if that is a world record of GDP % movement,  but what i can tell you is this:

its not  "normal"

so the Yen is a part of those many vectors, the USD is at the core of them, so no, unfortunately all debt paper money "gravitates" around the Reserve.

This is not however the case with Crypto currency, the confusion there was with the host of similar distribution models.