[Reserve Currency "Dollar$" Feature 3] Dollar-Yen Edition: 2021 Dollar/Swiss? Wait: It says dollar-straight currency pair major forecast. Actually "ドルストレート通貨ペア大予測" refers to "USD/major straight currency pair" typically "Dollar straight currency pair" but
【Feature】 The U.S. dollar as the base currency is not a fluke!
Conquer the FX by conquering the dollar!
The dollar, as the base currency, is said to account for half of the trading volume in the FX market. Many Japanese traders may plan their trade strategies around yen and various currency pairs, but all exchange and trade benchmarks—such as FX and trade—center on and are anchored by the dollar. By learning about the dollar, you can gain an edge in FX too. Here, we first trace the history of the dollar, then learn through forex-friendly Q&As, and finally look at the outlook for the dollar/yen and the dollar-street majors toward 2020.
・① Review of the base currency dollar — Exploring the king of currencies: the dollar!
・② Learn FX-helpful Q&A from dollar-related topics
・③ Dollar-Yen edition: Major forecast of dollar-street currency pairs for 2021 ← This article is here
・④ Euro-Dollar edition: Major forecast of dollar-street currency pairs for 2021
・⑤ Pound-Dollar edition: Major forecast of dollar-street currency pairs for 2021
・⑥ Australian Dollar / US Dollar edition: Major forecast of dollar-street currency pairs for 2021
※This article is a republished and revised version of an article from FX Sakkaku.com February 2021 issue. Please note that the market information described here may differ from the current market.
The dollar-yen pair is extremely familiar to Japanese people, and it would not be an exaggeration to say that most Japanese traders mainly trade it. Recently it has been said that volatility has decreased, but 2020 saw major fluctuations due to the COVID-19 pandemic and the U.S. presidential election. How will 2021 move with the lingering effects of the pandemic and the U.S. election?
