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AIM Investor Journal

Joined: 18/06/16


Comments by AIM Investor Journal
Dollar Index Futures Mar 30, 2021 10:33AM ET
Quick, book em! We are done for the day
Dollar Index Futures Mar 30, 2021 10:32AM ET
Right. But please use a full stop and breath between sentences ;)
Dollar Index Futures Mar 30, 2021 8:27AM ET
 Thanks for your input. Like you I believe the USD has breathing room in the next few months to 'run rampant' which it has done already to an extent, but should in theory, turn lower once inflation adjusted performance indicators are known. As you say Europe is stuck in a rut and will be for some months. Interesting to note Biden will discuss another round of stimulus to address the structural issues within the economy, reportedly as much as trillion reported by Reuters. Debt fuelled growth driving inflation can be positive if sustainable and at the same time fuel demand for the industrial commodities as well as precious metals. All in theory ;) Thanks for your input. Like you I believe the USD has breathing room in the next few months to 'run rampant' which it has done already to an extent, but should in theory, turn lower once inflation adjusted performance indicators are known. As you say Europe is stuck in a rut and will be for some months. Interesting to note Biden will discuss another round of stimulus to address the structural issues within the economy, reportedly as much as $4 trillion reported by Reuters. Debt fuelled growth driving inflation can be positive if sustainable and at the same time fuel demand for the industrial commodities as well as precious metals. All in theory ;)
Dollar Index Futures Mar 30, 2021 8:20AM ET
 What's with your attitude? The USD is riding the first wave out of lockdown and markets are expecting strong inflation. When inflation materialises but rates are kept flat this year we should see weakness in the currency, in relation to commodities. USD will still outperform other major currencies based on economic performance in that scenario.. What's with your attitude? The USD is riding the first wave out of lockdown and markets are expecting strong inflation. When inflation materialises but rates are kept flat this year we should see weakness in the currency, in relation to commodities. USD will still outperform other major currencies based on economic performance in that scenario..
Dollar Index Futures Mar 30, 2021 8:07AM ET
The USD Index rose from around 96 to 103 around this time last year on fears of Covid before mass stimulus and rate cuts forced it lower. There has since been even more stimulus and rates are to remain low until 2023-24. Markets are expecting the US to bounce back first and experience inflation of 6% or more. But isn't inflation good for commodities? Isn't inflation generally bad for the currency? Has the world been flipped on it's head?
Dollar Index Futures Mar 30, 2021 7:55AM ET
It broke out last week from 91.8 so I think there is more limited upside short term.
Dollar Index Futures Mar 29, 2021 1:40PM ET
Biden's administration are seeking to apply tariffs coming out of a number of major European countries in a *****for-tat trade-off over the tech giant tax that will rightly target Google. Amazon and Facebook to pay their fair share of tax. People thought Trump was protectionist, well look at this guy in the white house
Gold Mar 25, 2021 7:00PM ET
Dollar doesn't need to fall for gold to rise. Case in point, gold is off recent lows whilst the dollar has continued to rise all week. Dollar strength is down to US vaccine program moving faster than the Eurozone. It will reach a point were the EUR picks up though and at that point gold should move up through resistance of $1750
Dollar hits four-month high as worries over European lockdowns, U.S. taxes sap risk appetite Mar 24, 2021 12:24AM ET
That you and I know it is not a safe haven does not mean many others won't consider it such. The USD is still the world's reserve currency and it's status currently makes it 'relatively' safe (in terms of liquidity and purchasing power over the short term). But I agree it isn't what I would consider a safe haven, not over the medium to long term.
Dollar Index Futures Mar 24, 2021 12:19AM ET
 Dollar is a safe haven asset. Easy money from the 223393352.9 trillion stimulus bill is also being directed into bonds which will have a dampening effect on prices. Dollar is a safe haven asset. Easy money from the $1.9 trillion stimulus bill is also being directed into bonds which will have a dampening effect on prices.
Dollar Index Futures Mar 24, 2021 12:13AM ET
Safe havens are the flavour of the month as 10 year yields looked to have peaked. Meanwhile the Euro is facing pressures over the growing depression in EU member states experiencing a surge in Covid. Gold is holding steady despite a surge in the USD this past week.
Dollar Index Futures Mar 23, 2021 4:50PM ET
USD is on fire but gold is barely down at $1725/oz. Confidence in the dollar is not really impacting the gold price although other metals and particularly oil have taken a real hit
Gold Dips 2nd Day in Row, After Powell’s “Inflation One-Off” Remark Mar 23, 2021 4:41PM ET
Gold prices have found a floor at a time when US 10 year yields have come off their peak and the USD has regained some of it's lost purchasing power. We are on the eve of the US economy and the British economy reopening which will be followed by much of the EU in a couple of months time. All that pent up demand will fuel demand and whirlwind of positive economic data that is sure to send precious metal prices higher. Whether this can be sustained at a level above 2% in the US (which goes against Fed forecasts) remains to be seen. Gold can rise alongside a strengthening dollar and other major currencies which are going to experience a major shift in spending velocity over the next couple of weeks and months.
Dollar Index Futures Mar 23, 2021 2:16PM ET
Yellen: "We have lost 9.5 million jobs. We have a huge problem of joblessness in our economy."
Dollar Index Futures Mar 23, 2021 1:56PM ET
Did he just refer to them as the 'defecrats / defecrates' ???
Dollar Index Futures Mar 23, 2021 1:06PM ET
Rep David Scott going off script! LMAO
Dollar Index Futures Mar 23, 2021 1:02PM ET
 Haha right, nothing like Fed policy over the past decade ;) Haha right, nothing like Fed policy over the past decade ;)
Dollar Index Futures Mar 23, 2021 12:54PM ET
 yep and modest inflation but tools available to act.. yep and modest inflation but tools available to act..
Dollar Index Futures Mar 23, 2021 12:50PM ET
Powell repeating same old same old
Dollar Index Futures Mar 23, 2021 12:42PM ET
Still going :O
Dollar Index Futures Mar 23, 2021 9:10AM ET
 precious metals > cryptos > fiat ... in that order ;) precious metals > cryptos > fiat ... in that order ;)
Dollar Index Futures Mar 23, 2021 9:01AM ET
Has anyone here been hoarding their dollars over the last 3 months? Or 12 months? With interest rates at zero and inflation expected to run 2.4% by the Fed (markets expecting 3%+) the USD is expected to fall, not against other major currencies but against safe haven and high demand commodities like gold, platinum, silver and the base metals (copper and nickel). USD index will outperform the EUR and possibly GBP but very unlikely to move back to 100 unless there is a war
Dollar Index Futures Mar 23, 2021 8:20AM ET
USD and gold up but everything else down following new US and European sanctions on China. Europe suffering a third wave of infections and growing doubts over a second half bounce in economic activity is also adding to fears and suffocating enthusiasm for the 'reflation trade'
Dollar Index Futures Mar 23, 2021 8:06AM ET
This is rubbish. Many of us have exchanged money before and know it simply isn't the case.. In Singapore, Hong Kong, Bangkok, Mumbai etc there isn't a need to convert to USD prior to the desired currency. Same in Europe.
U.S. 10Y Mar 23, 2021 6:30AM ET
 and also the state governments now the 214724735.9 trillion is being distributed and also the state governments now the $1.9 trillion is being distributed