China has started US selling bonds and buying Gold. Trying to slowly ease their way out of USD dependence.
I would expect them to keep doing this as US debt levels continues to rise to uncontrollable levels.
I appreciate the replies so far. Just to expand upon the types of trading I do - I only do scalping. So i'm in the trade for a very short time frame. I dont think the currency fluctuations would affect me much which is why I was looking at foreign exchanges.
I honestly havent explored the...
Hey guys,
I am new to daytrading. I've mostly been trading US equities. But have been looking to trade foreign equity markets so I can trade in the evenings. I was considering doing Tokyo (works well for my time zone) on IB but the fees seem absurdly high (.08% of position value per trade)...