SGD USD

[MrHighlander]

With USD down to 1.32+, is it a good time to load some USD for future equities investment ?

 

[limster]

https://forums.hardwarezone.com.sg/125708639-post10.html

Been there, done that

In 2019 I placed a 2.5% US$ FD when it was 1.35 . When it matured, it was 1.4. I'm always on the lookout for good US$ FD deals, maybe I need to check with my RMs.

 

[MrHighlander]

Ok I just changed 3000 SGD

Will change more if USD continue to weaken

 

[chrisloh65]

In 2010 when US have not printed so much money, I exchanged USD at about 1.30. Then use it to buy US stocks, which then when stocks up, I sold them in 2019. This time US printed so much USD like toilet paper and economy is so bad and interest rate barely 0%, I just guess that USD could break below 1.30, and I just feel USD is possibly gone case liao!

With USD down to 1.32+, is it a good time to load some USD for future equities investment ?

 

[MrHighlander]

If it break below 1.3, will surely load up more

In 2010 when US have not printed so much money, I exchanged USD at about 1.30. Then use it to buy US stocks, which then when stocks up, I sold them in 2019. This time US printed so much USD like toilet paper and economy is so bad and interest rate barely 0%, I just guess that USD could break below 1.30, and I just feel USD is possibly gone case liao!

 

[polyglob]

If it break below 1.3, will surely load up more

Load up is with expectation that it will go back up. What's your rationale - that MAS will adjust SGD correspondingly, or something else?

 

[hwmook]

Load up is with expectation that it will go back up. What's your rationale - that MAS will adjust SGD correspondingly, or something else?

People always think what go down must come back up, no rationale needed.

 

[Spirax]

Why USD uptrend so fast

 

[reddevil0728]

Why USD uptrend so fast

inflation worries? so maybe feds increase interest sooner?

 

[thelittlemonkeye]

Why USD uptrend so fast

Lots of risk-aversion in the market, Delta Virus + Inflation worries. The dollar began its strengthening cycle when the Fed did a close to 1 trillion reverse repo (https://fred.stlouisfed.org/series/RRPONTSYD). This has led many people to believe that the tightening cycle has begun. And when liquidity decreases, the dollar and US bonds are the go-to safe haven since risk free securities are allowed to appear as 'cash' on financial statements. This has resulted in stronger dollar, close to 93 dollar index, and low yields, ~1.2% on the US 10s. Which is really quite interesting actually, since historically the dollar has been strong when real rates go up (see the data from Jan 21 - Jun 21). But right now, we have a strong dollar and low real rates (time to burn your economic textbooks? ).

So what is going to happen now? That's the really interesting question to think about.

 

[shenzhou12]

美联储提前释放加息信号，人民币能否抗住？美元这次收割会成功吗？​

 

[reddevil0728]

美联储提前释放加息信号，人民币能否抗住？美元这次收割会成功吗？​

Summary in English?

 

[shenzhou12]

Summary in English?

When FED increases interest rate, the world will be in trouble. Only USA, China and Japan are likely to survive the fallout well.

 

[chrisloh65]

美联储提前释放加息信号，人民币能否抗住？美元这次收割会成功吗？​

US Fed increase rate so that US Gov will need to pay more interest for the Trillions of debts that US had taken and continue to take? I don't think that is going to happen. These are just empty talk to move market and make some profits by some. So with high inflation and low rate, USD will continue to go downtrend again in near future. US stock market will continue to be in la-la land until it crash (due to some factor beyond US Gov's control - and plenty of that could happen)!