USD 06 (Nov 15 - Dec 25)

[winston]

The USD may have had a bumpy 2019 but dont expect it to simply go downhill

Source: SCMP

https://www.scmp.com/comment/opinion/ar ... o-downhill

[behappyalways]

The dollar is on a tear. Here's why that's troubling

Source: CNN

https://edition.cnn.com/2020/03/20/inve ... index.html

[winston]

A dollar crash is virtually inevitable, Asia expert Stephen Roach warns

by Stephanie Landsman

“The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit”

His forecast calls for a 35% drop against other major currencies.

His timeline is rough — over the next year or two, maybe more. However, Roach suggests a crash virtually inevitable, and it’s a risk investors shouldn’t ignore.

Source: CNBC

https://www.cnbc.com/2020/06/15/dollar- ... KW,41OQC,1

[winston]

The decline of the U.S. dollar could happen at ‘warp speed’ in the era of coronavirus, warns prominent economist Stephen Roach

By Mark DeCambre

Roach is calling for the dollar to soon decline 35% against its major rivals, citing increases in the nation’s deficit and dwindling savings.

“This massive shift to fiscal stimulus is going to blow out the national savings rates and the current-account deficit” .

The euro is a possible alternative to dollars for currency buyers.

Source: Market Watch

https://www.marketwatch.com/story/the-d ... yptr=yahoo

[winston]

Negative rates, treasuries sell-off feared

by Avery Chen

Hong Kong Exchanges and Clearing (0388) managing director and chief China economist Ba Shusong yesterday warned that if central banks around the world run out of monetary firepower before a Covid-19 vaccine is developed, the United States might be forced to take interest rates negative.

This would in turn trigger a series of negative impacts such as a sell-off of US treasury securities by Japan and Europe, he said.

Given Covid-19 uncertainties, with many companies failing to restart businesses and some falling into bankruptcies, he predicted that in the worst-case scenario, low economic growth will appear alongside the debt crisis, and global economic recovery is likely to be "W-shaped" or "L-shaped."

He said that could threaten the dominant role of the US dollar in the future, but so far there is no other alternative to the greenback.

Source: The Standard

https://www.thestandard.com.hk/section- ... off-feared

[behappyalways]

(Falling US dollar ----> higher inflation. Together with high unemployment rate.....Payback time for unrelentless QE???)

Dollar Plunges to Lowest Level Since January While Yen Surges
https://www.bloomberg.com/news/articles ... yen-surges

[winston]

3 Reasons Why U.S. Dollar Could Fall Further Next Week

By Kathy Lien

#1 – Extra Jobless Benefits Disappear
#2 – Double-Digit Contraction Coming for Second Quarter U.S. GDP
#3 – Federal Reserve Meeting

Source: Investing.com

https://www.investing.com/analysis/3-re ... s_headline

[winston]

Here’s the best way to hedge the weakening U.S. dollar and buying gold isn’t the move

By Mark Hulbert

Build exposure to international stocks when the dollar loses ground

Source: Market Watch

https://www.marketwatch.com/story/heres ... yptr=yahoo

[winston]

US dollars reign as world's reserve currency under threat

Source: SCMP

https://www.scmp.com/business/banking-f ... hreat-amid

[behappyalways]

Here’s why the U.S. dollar is near a two-year low
https://www.youtube.com/watch?v=5WXNKiHVXsY