Why is the USD getting hammered lately?

Discussion in 'Options' started by OptionsKyd, Jul 19, 2017.

  1. Buy1Sell2

    Buy1Sell2

    Reasons can't be known with any degree of certainty.
     
    #11     Jul 20, 2017
  2. because Trump isn't going to balloon the deficit as previously feared
     
    #12     Jul 21, 2017
  3. SunTrader

    SunTrader

    And Trumpie whinnnned about other countries keeping their currency down against the dollar. Notably China. At some point in the future he will whinnnne about the dollar being too low.

    But no TrumpCare, no new Stimulus Spending (although that adds further to the deficit) no new TaxCuts, at least not this year. Who knows if they will get the Corporate Repatriation Plan either anytime soon.

    Though he does have a new Bro from NYCity in the house. Scara, Scara, Scaramucci.
    Which is actually one of his few good moves but will most likely not have an effect on the Dollar one way or the other.

    Anyway supposedly the historical pattern (doesn't mean same thing this time though) is for dollar weakening during rate raising cycles. Counter intuitive but true - most times.
     
    #13     Jul 22, 2017