$US crashing coming

Discussion in 'Forex' started by zdreg, Jun 16, 2020.

Which two currencies are the best to hedge a decline in the $US

  1. euro

    7 vote(s)
    33.3%

  2. swiss franc

    10 vote(s)
    47.6%

  3. Norwegian krona

    1 vote(s)
    4.8%

  4. Yen

    4 vote(s)
    19.0%

  5. Yuan

    2 vote(s)
    9.5%

  6. Ruble

    2 vote(s)
    9.5%

  7. Australian dollar

    3 vote(s)
    14.3%

  8. other

    3 vote(s)
    14.3%
Multiple votes are allowed.
  1. Forexgpd22

    Forexgpd22

    I think the Covid and the current lockdown is a major factor.
     
    #11     Jun 17, 2020
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  2. Peblo

    Peblo Guest

    OK, boss. And what will these traders do with their mostly USD-denominated gains? Put them in what?
    USD has been "crashing" all the time ever since it was created. Just steadily losing its purchasing power. However, I and probably 99.9% people in the world would like to have as much of this "worthless paper" as possible. End of lecture
     
    #12     Jun 20, 2020
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  3. yc47ib

    yc47ib

    USD should shoot to new high by the end of this month. Do not hedge it now.
     
    #13     Jun 20, 2020
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