Dollarisation, Yenisation & Euroisation by Central Banks
Selected developed, emerging and developing nations' central banks unable to manage their FX price stability and this is resolved by dollarisation, yenisation and euroisation (the Triad) for price stability arrangement.
The price of their currencies are depending to the price of their currencies with USD for dollarisation, with JPY for yenisation, with EUR for euroisation plus the price of the USD, JPY and EUR with major currencies managed by the Fed, BOJ and the ECB. Accordingly, the global central banks (developed, emerging market and developing countries) collectively capable for managing the global price (global equilibrium).
At such, by mastering the major currency pairs and the dollarisation, yenisation and the euroisation then the forecast of the global currencies could be made available for investment trading.
The price of their currencies are depending to the price of their currencies with USD for dollarisation, with JPY for yenisation, with EUR for euroisation plus the price of the USD, JPY and EUR with major currencies managed by the Fed, BOJ and the ECB. Accordingly, the global central banks (developed, emerging market and developing countries) collectively capable for managing the global price (global equilibrium).
At such, by mastering the major currency pairs and the dollarisation, yenisation and the euroisation then the forecast of the global currencies could be made available for investment trading.