It is crucial in FX markets for traders to choose currencies for trading and predict its future in order to be prepared from upcoming events. Azizbek Omorkulov.   With the fear of a global recession looming once again, it would seem that the lessons of a few years ago have not been learnt. The question is though which currency has the ability to replace the USD in case of the dramatic crisis in the US?  Considering the last discussions in Congress of the US regarding the debt ceiling of the country, we can assume that it can turned out to be that the US can meet default in nearest future. However nowadays we do not have a definite currency pretending to replace the USD as reserve currency in FX Markets. Therefore this article analyzes probability of different currencies to become a candidate to play the role of global reserve currency.  Extremely exciting currency for most of traders is EUR. Some traders may say that EUR can replace the USD as reserve currency. But we see that Eurozone have a lot of problems within its territory (Greece, Italy, Portugal), which sometimes become global from local size, because it can even lead to collapse of Euro…
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