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Topic: Prediction the future price of USD (Read 562 times)

legendary
Activity: 2254
Merit: 2253
From Zero to 2 times Self-Made Legendary
June 17, 2020, 11:07:43 AM
#19
USD is losing value every time new money is printed.
I believe that this is going to happen till the end of the year in order to support the global economy from the negative impacts of the coronavirus pandemic.
This means that the intrinsic value of USD is going to be dropped.

USD is fiat money that has no intrinsic value. Exceptions to the USD will not lose its value when the government prints money because the USD still controls 58% of world trade. The high USD traffic throughout the world, the effects of high taxes, and inflation are spread throughout the world, along with the world's dependence on the USD as an international currency. Many countries depend on imported products.

With all its capabilities, it is natural that the United States dares to pour stimulus with fantastic value. Although in fact, we need not be surprised that the great depression can be reversed by America by being a security controller and the world economy. Subprime Mortgage can be passed by America even though it takes a long time. So that economic crisis may not be a problem for America but instead, a solution or crisis is indeed something by design.
member
Activity: 980
Merit: 62
June 14, 2020, 04:20:47 AM
#18
Although most of the people and investors expect positive views for the USD, I believe USD has the potential to lose value.  There are many reasons to support my negative opinion when considering many reasons such as events in the USA, FED policies and commitment to management, unlimited money supply.  In addition, I think that the American economy will be badly affected by this situation, although it is not clear to today's market conditions.

USD is losing value every time new money is printed.
I believe that this is going to happen till the end of the year in order to support the global economy from the negative impacts of the coronavirus pandemic.
This means that the intrinsic value of USD is going to be dropped.
hero member
Activity: 1890
Merit: 831
June 14, 2020, 03:07:22 AM
#17
I do think that the Price of Dollar is going to fall soon
Why ?
• I do think that due to huge stimulus bills and such , even though are are not seeing such a high decrease in the market value of the coin , it is just hollow from the inside .
One big blow and it will fall down very fast.
Contrary to what I think , if we actually go around and find about the analysis of the dollar , most are showing a 5% increase approximately, but I do not agree with that .
• The government is printing money , not for the healthcare , but for the military , for the police to fight off the peaceful protests . Where is all this money coming from ?
They are using their supplies .
The buffer system won't act forever. Trump is not taking a stand thus the protests will go on , people will suffer more since COVID-19 is not very humble on America .

Country won't make laws protecting the community>More Protests>More people with COVID-19>high motality rate>economic decline.

I don't see Trump doing anything soon , for the time people will suffer and so will the country.

I do think dollar will fall soon `
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 13, 2020, 11:36:07 AM
#16
~

But majority of economist already pointed out that this is worst than 2007-2008 US economic meltdown. So numbers don't lie, maybe it's how ordinary people will interpret it. So for average Joe like us, we should be more optimistic and to be on the safe side, consider 2021 to be our yardstick to draw our conclusions. As this year will be a long grind for everyone. And let USD PPI and Core PPI perform at least in break-even terms.

Major economists are sometimes pretty stupid.
All they see are trends, lines indicators and they think the world runs on those.

The major economist didn't see the crash happening in 2007-2008.
But they did see a crash in 2012 and another one in 2015 and fortunately for us, they were the only ones that saw it.
Remember the collapse of the EU, the bankruptcy of PIGS? The same major economists are telling us the world will end...I doubt it.



 
member
Activity: 558
Merit: 11
umachit.fund
June 12, 2020, 01:26:14 PM
#15
If the country's economy totally collapse because of this pandemic,i think it will affect on the value of USD. But it's difficult to predict if it decrease or increase it's price. The price of USD is quite stable until now,let's just wait what will happen in the future.
The effects of the coronavirus epidemic have already fallen on the currencies of all countries. USD Index hits a verified support level and continues to trend up again.
Now that the fundamental and technical analysis are moving in the same direction, it is very likely that the USD will be stronger.
newbie
Activity: 34
Merit: 0
June 12, 2020, 05:24:20 AM
#14
I think that after defeating the coronavirus, removing all restrictions, the global economy will begin to rise.
All currencies, including the dollar, will rise slightly, depending on what actions are taken by the states. But after the damage from quarantine, we will recover for a long time. I really hope that the vaccine will be developed as soon as possible and this will not happen again
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
June 12, 2020, 04:14:16 AM
#13
Considering what @hugeblack said and I also agree with him we can expect the downtrend. Also due to the covid-19 crisis and the effect in USA some media also reported that we can expect the second wave of crisis near soon. This can be another reason why we expect the price to fall down. Also, the other US competitor (China) has much better situation in the crisis phase and they can take back the market from us. Knowing these all I said above plus GDP and back interest, I don't think the price is going to increase near soon.
legendary
Activity: 2702
Merit: 4002
June 12, 2020, 03:00:19 AM
#12
The economic future is uncertain and volatile, which makes it easy to profit/loss if you do not know what to do then stay away from investing in securities.

I still see a lot of negative signs that could push the price further down:

 - More than a trillion dollars will be pumped into the economy over the next month[1].
 - The central bank does not expect to raise interest rates this year or in 2021.
 - GDP is expected to decrease by 6.5% this year.


Even the decline in the unemployment rate cannot be considered a positive indicator as the Federal Reserve forecasts that the unemployment rate will decrease to 9.3% by the end of the year from 13.3% in May[3].


[2] https://www.cnn.com/2020/06/10/economy/federal-reserve-june-meeting/index.html
[3] https://www.cnn.com/2020/06/11/economy/unemployment-benefits-coronavirus/index.html
newbie
Activity: 1050
Merit: 0
June 12, 2020, 01:48:24 AM
#11
The price of USD decrease or increase is usually based on the economy of the country, in some countries as of new the value of the price is increasing simply because of the pandemic however I expect a fall could be expected because of the pandemic effects.
full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
June 12, 2020, 01:44:32 AM
#10
The USD PPI and Core PPI news reports came in quite good. Therefore, the ongoing bullish trend of the US dollar is likely to become stronger. What do you think?
I don't think the US dollar will tend to rise any more in the future. The US economy is really facing many obstacles in redeveloping the economy and political stability. This incident has to last for another year before things settle down. therefore, the US dollar will be temporarily devalued for a short time. recovery takes time ..
hero member
Activity: 1666
Merit: 629
June 12, 2020, 01:31:55 AM
#9
Although most of the people and investors expect positive views for the USD, I believe USD has the potential to lose value.  There are many reasons to support my negative opinion when considering many reasons such as events in the USA, FED policies and commitment to management, unlimited money supply.  In addition, I think that the American economy will be badly affected by this situation, although it is not clear to today's market conditions.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
June 12, 2020, 12:55:05 AM
#8
^ Economists can be wrong (as usual) since it's hard to predict such a complex system like the economy.

@OP, stronger than what? It depends on how other countries perform (PPI -> CPI -> inflation -> interest rate). See topics about International Fisher Effect: https://www.investopedia.com/terms/i/ife.asp
hero member
Activity: 2660
Merit: 551
June 12, 2020, 12:01:49 AM
#7
Can you gave us the link?

https://www.bls.gov/ppi/#news
https://www.fxstreet.com/news/us-annual-core-ppi-fell-to-03-in-may-vs-04-expected-202006111240
Core is down but it's better than expected also.
And this is May data so probably in June a partial return to work will paint a better picture of what is really happening.

Anyhow, until we see the true end of this pandemic or at least signs of returning to normal all over the world it's pretty difficult to draw conclusions, but I'm getting more optimistic as time passes, I'm starting to think that this crisis everyone is expecting will not be that bad, far below what 2007 unleashed.



But majority of economist already pointed out that this is worst than 2007-2008 US economic meltdown. So numbers don't lie, maybe it's how ordinary people will interpret it. So for average Joe like us, we should be more optimistic and to be on the safe side, consider 2021 to be our yardstick to draw our conclusions. As this year will be a long grind for everyone. And let USD PPI and Core PPI perform at least in break-even terms.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 11, 2020, 09:02:27 PM
#6
Can you gave us the link?

https://www.bls.gov/ppi/#news
https://www.fxstreet.com/news/us-annual-core-ppi-fell-to-03-in-may-vs-04-expected-202006111240
Core is down but it's better than expected also.
And this is May data so probably in June a partial return to work will paint a better picture of what is really happening.

Anyhow, until we see the true end of this pandemic or at least signs of returning to normal all over the world it's pretty difficult to draw conclusions, but I'm getting more optimistic as time passes, I'm starting to think that this crisis everyone is expecting will not be that bad, far below what 2007 unleashed.

hero member
Activity: 2632
Merit: 833
June 11, 2020, 08:30:32 PM
#5
The USD PPI and Core PPI news reports came in quite good. Therefore, the ongoing bullish trend of the US dollar is likely to become stronger. What do you think?

Can you gave us the link? Because as far as I know, PPI obviously fell last month because of the pandemic. And even if US has a net plus PPI last month or this coming month, we haven't see any positive reaction from the market. US Index numbers are not near pre-pandemic.

It might take some time for USD PPI to increased, and it's possible that we may have to wait for a full quarter to see where it's at. With that said, we are not even close to a bullish trend.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
June 11, 2020, 08:18:37 PM
#4
There is a finite on holding with dominion and it is probably that there is a possibility that it will be happen if they would cautiously to use their power together with their strength to combat both party aside from that this pandemic enemy is like a digital count of virus and usually we need to change everything to clean. So actually,it is very frightening war against airdrop and basically it's obviously not only a USD is commonly affected.This economic crisis will end soon if  we are discover a perfect vaccine and sacrifice to overcome.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
June 11, 2020, 06:40:53 PM
#3
If the country's economy totally collapse because of this pandemic,i think it will affect on the value of USD. But it's difficult to predict if it decrease or increase it's price. The price of USD is quite stable until now,let's just wait what will happen in the future.
member
Activity: 566
Merit: 13
June 11, 2020, 09:45:54 AM
#2
My theory will seem incredible, but I think that something will happen in the coming decades that everything will change and the price of usd can behave completely unpredictably. I do not think that a world in which people are deceiving each other in everything can develop in a good way.
member
Activity: 558
Merit: 11
umachit.fund
June 11, 2020, 07:45:37 AM
#1
The USD PPI and Core PPI news reports came in quite good. Therefore, the ongoing bullish trend of the US dollar is likely to become stronger. What do you think?
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