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RE: Monetary Policy and implications to FX markets

in #cryptocurrency7 years ago (edited)

The point I was making was that, we seem to be in a low rate environment, we have most of the central banks which are dovish with the exception of US. US will also turn neutral so that should be good news for Crypto currencies as I expect the funds to flow more towards higher yielding crypto currencies with this latest development. We live in an era where the markets are extremely globalized and we have seen this in play where some of the action from central banks has led to huge spikes in crypto (E.g. the demonetization by the Indian Goverment or the hyper inflation cases where people started buying crypto as a hedge)