Title: A Celestial Lens on Global Trade and Political Shifts: Astrological and Economic Observations on Market Dynamics
Original Author: Ken Veksler (credit: FXStreet.com)
In an ever-evolving geopolitical and economic landscape, traders and analysts are increasingly looking beyond traditional indicators and considering unconventional frameworks to understand market dynamics. One such lens is astro-finance or financial astrology, where celestial patterns are interpreted in conjunction with global market and political trends. While often controversial, this approach seeks to decipher the underlying rhythms in trade, currencies, and governance using planetary alignments as metaphors or catalysts for trends.
Ken Veksler, in his column on FXStreet titled “The Celestial Blueprint for Global Trade and Political Upheaval,” uses a symbolic and introspective tone to paint a broader narrative about today’s uncertain global environment. By intertwining political shifts, currency realignments, and broader economic undercurrents with a thematic and metaphysical lens, Veksler invites the reader to explore financial markets with eyes wide open.
This article expands on that original narrative, embedding key insights from Veksler’s work within a deeper contextual analysis, while incorporating related data and commentary from other sources.
Political Transition and Economic Anxiety
The global climate right now is one of considerable anxiety. Traditional powers such as the United States and United Kingdom are undergoing substantial societal, economic, and governmental adjustments. Veksler points to a near archetypal “hero’s journey” embedded in worldwide socio-political dynamics: from denial and anger to negotiation and eventual transformation.
The repercussions of these changes manifest acutely in:
– Volatile elections
– Growing economic nationalism
– Unprecedented monetary tightening
– Fractures in alliance networks (NATO, EU, BRICS)
These are not standalone events, but rather symptoms of a larger awakening process. It’s a move away from unipolar dominance toward multipolar coexistence, which Veksler likens to the death of an old world order and the chaotic birth of a new one.
The BRICS Bloc: From Economics to Ideology
One of the focal points in Veksler’s original piece is the emergence of the BRICS alliance — Brazil, Russia, India, China, and South Africa — and their growing challenge to the Western-dominated financial system. In particular, their increasing frustration with the dollar-centric global trade regime underscores a deeper intent: redefining what economic cooperation looks like.
Recent developments at the 2023 BRICS Summit in Johannesburg, where six new countries were invited to join the group (Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, UAE), signals an intent to move toward a more ideologically and economically cohesive bloc.
Key policy initiatives discussed within the BRICS framework include:
– Creating a BRICS currency backed by a basket of commodities or gold
– Settling trade in local currencies (e.g., Indian rupees for oil imports from Russia)
– Developing alternative payment systems to SWIFT
– Promoting intra-BRICS infrastructure investment
These moves threaten to undercut the dollar’s hegemony in global trade. The implications for the Forex market are profound, particularly if trade in oil and commodities shifts away from the USD into local or regional currencies.
U.S. Dollar Under Pressure
Despite its position as the world’s primary reserve currency, the dollar faces increasing opposition.
Factors undermining the dollar include:
– High levels of U.S. debt and fiscal deficits
– Weaponization of the dollar in geopolitical sanctions (e.g., Russia, Iran)
– Central banks diversifying reserves to reduce dollar exposure
– Digitization of currencies (such as China’s e-CNY) providing plausible alternatives
According to the IMF, the dollar’s share of global reserves has dropped from over 70% in the 1990s to around 59% in 2023. Notably, central banks like those in China and Russia are actively purchasing gold, leading to speculation that preparations are underway to back portions of future currency reserves
Read more on USD/CAD trading.