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Dollar dropping

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Dollar dropping Empty Dollar dropping

Post by Jreboll on Wed Jul 22, 2020 7:07 am

The dollar index has been dropping for a while and will probably continue because of all the money printing it is doing. When this happens the peso strengthens but I don’t see much of that. Maybe Mexico is also printing muchos pesos.

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Post by Ezzie on Wed Jul 22, 2020 9:22 am

Dropping?? Relative to what other currency?

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Post by Jreboll on Wed Jul 22, 2020 9:47 am

Dollar index is the value it is given when compared all the other world currencies.

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Post by CanuckBob on Wed Jul 22, 2020 6:57 pm

Canadian dollar has risen against the USD the past couple of days. Swiss frank has also risen. Probably many others too. CAD is trading at 16.67 pesos. That's pretty high for the loony.


Last edited by CanuckBob on Wed Jul 22, 2020 7:03 pm; edited 1 time in total

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Post by SunshineyDay on Wed Jul 22, 2020 7:00 pm

uh oooh!

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Post by kiko on Wed Jul 22, 2020 8:53 pm

I suggest anyone heavily invested in equities should take some time to review and adjust their investment portfolio now.  I remember all too well what happened in the latter half of 2007.  My friends who cashed out in panic mode have never recovered financially.  We held the course but it took three years to get back to where we were prior to the crash.  Some lean times.  

Printing more paper money has never resolved the core problems of the USA economy.  And the Americans cannot handle the truth.

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Post by MexicoPete on Wed Jul 22, 2020 11:40 pm

I've only looked at the US dollar to peso spot rate, wondering when it would be time to wire money south and it has been 22 something to 1 for quite some time. And yes it was a high 22. something to one right now it is 1 Dollar = 22.2702 Pesos which is a few centavos lower.

I guess I will have to watch more closely
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Post by Jreboll on Thu Jul 23, 2020 9:03 am


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Post by Jreboll on Mon Jul 27, 2020 7:05 pm

We continue seeing gold and silver having huge movements to the upside with the dollar index falling. I believe the peso is bound to a certain trade range set by trade agreement. Trump cannot print enough money to prop up the markets and still maintain the value of the dollar. Somethings gotta give

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Post by CanuckBob on Mon Jul 27, 2020 7:43 pm

They should let the USD drop. It will make their exports more desirable. The USD was 1 to 11.5 against the peso not that long ago (2011ish).

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Post by CanuckBob on Wed Jul 29, 2020 8:59 pm


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Post by lakeside7 on Wed Jul 29, 2020 9:22 pm

CanuckBob wrote:They should let the USD drop. It will make their exports more desirable. The USD was 1 to 11.5 against the peso not that long ago (2011ish).
Not so long ago.. 2011ish!!!! Bob some of us do not buy green bananas we don't know what is going happen this weekend

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Post by CanuckBob on Thu Jul 30, 2020 9:29 am

I guess age gives everyone a different perspective. I'm still planting the banana tree......lol.

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