Why USD so strong? How long?

[Stok]

USD rocking....Please give your theories/reasons why and is the ride over anytime soon?

TIA!

 

[Brendan R]

the US is self-sustaining and self-sufficient, they call the shots.
Whatever they need they produce, whoever they wanna screw they screw.
The dollar is a bully.

 

[eminitrader007]

It is similar to people buying stocks of a company where they trust the CEO. Long USD is the way to go for few years. There was an article in Bloomberg few months ago that showed that the value of a dollar is positively co-related to the popularity of the president.

 

[jjf]

If you paid any attention to Obama's address, then the next direction for the markets is down.
This being the case, market money is being sidelined and the dollar rises.

 

[jficquette]

Quote from eminitrader007:

It is similar to people buying stocks of a company where they trust the CEO. Long USD is the way to go for few years. There was an article in Bloomberg few months ago that showed that the value of a dollar is positively co-related to the popularity of the president.

LOL, popularity of President is related to how well the economy is doing. Dollar is positively correlated to economy, so therefore a good economy makes a popular president, not the other way around.

 

[jjf]

How can O be a popular Pres, when he has yet to finish lunch and start work.

 

[eminitrader007]

Quote from jficquette:

LOL, popularity of President is related to how well the economy is doing. Dollar is positively correlated to economy, so therefore a good economy makes a popular president, not the other way around.

The dollar has been down since Bush took office, does that mean that the economy has been terrible all these years?

 

[moarla]

at least obama is popular all over the world: about 5 bill of people...
dont know if he is popular in the USA,...
you idiot jjf

 

[jficquette]

Quote from jjf:

How can O be a popular Pres, when he has yet to finish lunch and start work.

He can't even say the oath without stumbling. Look at the stock market today. Its a wreck!!

 

[jficquette]

Quote from eminitrader007:

The dollar has been down since Bush took office, does that mean that the economy has been terrible all these years?

Yes the economy has been pretty bad or so all the dems say so.