What will happen, over the next 12 months, to the US Dollar Index (DX) if the Fed cuts 50BP in the next 90 days.
fed ease or not, the dollar will collapse before the end of the decade. easing will just exacerbate the process. funny money. look around, let's play monopoly.
Range-bound. The twin deficits are improving, which will provide support. The collapse of the dollar trade is too obvious. Everyone expects it, just like last weekend this place was horribly bearish, so of course we went up. The euro, on the other hand, may surprise...
another choice - tend to drop. Depends on what the other central banks do. Maybe they want to keep the $ up for while. Ultimately the economics will control tho.
As long as its an inflationary run economy the dollar will drop. Market up, dollar down. Why wouldnt they do that until they couldnt anymore? The fed has shown that he'll pump money into the system without blinking. So much money thrown at this market. The dollar will keep going down to a level where it will bring inflation up to unacceptable levels. They'll do anything to keep the market up, and nothing to keep the dollar from dropping. This farce will continue until USD is worthless in my opinion. Been that way for years now.
I may be mistaken but the CB I haven't heard of injecting luquidity was the BOE, seems very bullish for the pound. GBP/JPY...to test highs.
The dollar will not collapse. The federal reserve's massive inflation policy allows the rest of the world's central banks to inflate along with. This allows the top bankers and their friends to continue cashing in on the hyperinflation of the world.