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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (71160)5/6/2025 7:28:17 PM
From: Real Man  Read Replies (2) of 71403
 
I am not so sure, major currencies don’t crash 50%-80%. Against what? These foreigners have a boatload of dollars they get for their products and don’t know what to do with, they will keep bidding up US assets unless there is a depression. That will markedly drop consumption and trade deficit. The Fed will print as many dollars as they buy -g-

I am thinking we are close to support for the dollar index but not yet there. It will find support in the 90s, ultimately in the high 70s, but the latter should take longer than a couple of months -g-
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