Why Is The US Dollar Flying Lately ?

[zdreg]

Nah I don't Trade Forex... I think it's unravelling tho, US Dollar too strong means Bears are taking it into there own hands, or flight from Europe is really intense

Dollar up 0.49 % today, Gold up 0.38 % today

What do you think the sudden rush into US Dollar means ? Considering consequences on the rest of the world

nothing. look at it down the road it will be deemed a minor fluctuation, a blip on the chart.

 

[Stockolio]

Something is happening... Lira is at 5.95, Argentina peso crashed down 3.30 % currently at 45.36 and US Dollar was flying then cooled off, back going up

Turkey is starting to crash, there CB messed up apparently, we are at the danger zone

 

[zdreg]

$USD "flying"? Looks like it's in the middle of a 20 year range.

View attachment 201406

you have to give more weight to recent numbers than those from 20 years ago

 

[jazzsmn]

Why is the US Dollar flying?

Do birds fly?

 

[jazzsmn]

Something is happening... Lira is at 5.95, Argentina peso crashed down 3.30 % currently at 45.36 and US Dollar was flying then cooled off, back going up

Turkey is starting to crash, there CB messed up apparently, we are at the danger zone

Nothing new. Trend to smash emerging market currencies well underway for quite some time. USDX 1st station at 104 was easy. Next station 122

 

[jazzsmn]

Among currencies, the $USD is apparently the "cleanest dirty shirt".

Lots are touting the demise of the USD... but when the SHTF, I can make an arguemnt for the dollar soaring.

[/mQUOTE]




Its way more than the cleanest dirty shirt. Prior to March 2008, even the likes of zimbabwean and Indonesian currencies were laughing at him. They mocked him, called him stupid & worthless. For 7 years the champ endured such insults. He could take it no more. Saddled up and blasted thru' north during the Economic Crash of 2008. The Twin Towers ($ & Yen) were the best game in town. Then he rested till May 2011. Took off again.

He has vengeance on his mind. The gnomes of Switzerland. See the monthly/weekly on Usd-Chf. Aussie, Caddie, Stella will continue to be brutalized, but Swissy is what he's after. Will meter out severe punishment and disband the criminal gnomes who sold 50k American names to the IRS.

 

[nattybumppo]

US Dollar is too strong and will collapse EM Debt, yet it's on a tear

Is it being prepped up on purpose by Institutional bears or consequence of EU Outflows ?

It's not a conspiracy:

 

[maxinger]

I don't see any evidence USD is moving significantly!

So title ought to be :

Why Is The US Dollar not moving Lately ?

 

[Stockolio]

It's not a conspiracy:

Jeff Snider is one of top US monetary analyst in the world, he's an absolute freak... Surprised you posted a video of him, he is not really known

 

[dealmaker]

“Well, thats the end of this trade deal for now. Meanwhile, lower US deficits equal less dollars globally = higher dollar. Also, the RMB and all others tends to weaken to offset the increase in tariffs. Supply chain breaks will slow down global trade. Buy dollars. Buy bonds.”
- Raoul Pal