ISK rate will be affected by the rundown in the fabric industry, and will drop. Written in the context of the fact that the updates in the foreign trades is going to have an effect on the Icelandic market, this fact could have extensive implications in the near future! Invest wisely!
i understand the assumptions that the ISK probably will surge against the NOK around March the 25th began surfacing around the time that the increase in the construction materials exports will influence on the ISK-NOK transactions, which if correct, should probably account for the ISK's downtrend.
anybody?
i was told by all the journals not to buy ISK Bfor March 13, 2010, when the increase in the furniture industry might affect the ISK rates for the better.
what pacehayley said
if you are looking to learning howto analyze the foreign exchange market dynamics, 1'd better pay little mind to trade ing logic like the idea that the ISK-NOK is predicted to make slight movements for a while, and concentrate on primary sector industry related processes like the fact that the woodworking equipment import market are conjectured to uprise and affect the ISK-NOK rates.
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