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 LAIDBACK - sees the dinar closing the gap against the dollar

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Ponee
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PostSubject: LAIDBACK - sees the dinar closing the gap against the dollar   Sun Feb 25, 2018 4:27 pm

LaidBack says - 

We know IQD is pegged to the dollar.
 
The dollar index fell against a basket of six major currencies to 88.253, the lowest level since December 2014, recording a loss of 2%, the biggest decline since February 2016.
 
This is the reason why we see the dinar closing the gap against the dollar.
 
just my opinion.!
 
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PostSubject: Re: LAIDBACK - sees the dinar closing the gap against the dollar   Mon Feb 26, 2018 1:48 am

Excuse my ignorance, but if the dinar is "closing the gap" against the dollar, then surely it isn't pegged to it?

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PostSubject: Re: LAIDBACK - sees the dinar closing the gap against the dollar   Tue Feb 27, 2018 1:18 am

Actually, it has lost a little ... currently worth about .00084 it was worth .00086 a while back.



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