USD will it Weaken or STRENGTHEN ? ...Your thoughts on the future of the USD!

Your thoughts on the long term effects of the USD will it lose its power. Now that China and Japan are in direct currency exchange.

The oil pipeline from Canada to USA....will the two currencies be of equal value?

Your Thoughts and Feed Back!

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Comment by Peter jcp on October 7, 2012 at 11:39am: Hi Don - I am a day trader and therefore never bother past 24 hrs ahead as I don't invest etc. However I was drawn to your post regarding your comment on the oil pipeline link and the two counties currencies.

A few years ago many were saying the US might do a Eurozone and have a new super currency - linking the US dollar with the Canadian dollar and also others such as the Mexican Peso and even others - if it all made commercial sense.

The traditionalists would not want that as the great US is too strong a country to be linked with others. But nowadays is it ?

As far as I am concerned it is actually worse off than the Eurozone and weaker - but that can be really proven and the US "high and mighty" will never allow the truth to come out on the World stage.

So yes I look upon the dollar weakening - whether its for 3 months or 3 years I just would not have a clue. With the US Presidential elections there may be a real feel good factor for 2013 that might change things.

With regards to Oil - is has been the "liquid gold" for the last 25-30 yrs.

I personally don't see that for the next 25 years as there are so many alternatives just around the corner that will appear and finally the Oil conglomerates realise that and are preparing for that day.

Comment by Tahir Khan on October 7, 2012 at 8:34pm: We have already started to see fabricated numbers coming out since election is rt on the corner..

The things is it seems mkt is not buying the bogus numbers and with unemployment under 8%; you would expect an explosion like effect with USD taking all for the rides. It quite didn't happen and fundamental aside, technically USD is to the lower side.. I expect max 9975-85 on USD b4 it falters to the lower side hitting tgts around 9440-50..

Only a day close higher to 10,000 and I would look into buying USD.. Even though I think would be short lived.. With 15 trillion USD debt and counting / letting go of gold standards / QE after QE and this one open ended with increasing the flows from 40 billion to 45 / pushing interest rate hike from March 2014 to mid 2015 / and so on and on, just don't see the charm in it fundamentally...... While the printing press has got the BIG GO to print till the ink dries off, the question is why anyone would think USD will go higher..

I know it can only CB's intervention and one fabricated news and numbers after another, but even than it would be short lived............

GL...

Comment by Trae on October 7, 2012 at 10:07pm: I agree with Lisa this is a huge election, for the USA, my thoughts are regardless of who wins this election, things will start to level out afterwards in my mind USA is like a boilinger band that is drawn in so very tight and once election is over it will banned out hard one way or the other

Comment by Romano on October 8, 2012 at 12:56pm: I agree with Peter(again), US looks to me like bunch of cheaters(no offense to the people, I mean those at the top), faking data, hiding real money supply and wealth(nobody investigate FED), deficits much bigger than eu even with all its problems... really I mean, if US couldnt get to trade surplus when currency was valued 50-60% lower than euro and even today 30%(1.3 on average), then I dont know what can help them. Not to mention petrodollar benefit that rest of the world doesnt have! Its really pity because there is so much talent and so many great ideas came from US, but if they want to waste all their money on military and to feed leeches like rotschilds, buffets etc... then yeah, there u go!

Comment by Romano on October 8, 2012 at 1:05pm: http://www.zerohedge.com/news/2012-10-08/chart-day-new-normal-trade...

Comment by Alan Hill From Sarrafx Trading on October 8, 2012 at 1:10pm: I have no idea, like just about everyone, whether the U.S. data is genuine or otherwise but just because you don't like it doesn't make them "cheaters" (great word).

It would be very difficult for the U.S. to have a positive trade balance given they don't manufacture anything any more!

There is little to choose between the economies on either side of the pond for differing reasons. The one thing I am certain about though is that there will be a United States of America in five years time !

Comment by Romano on October 8, 2012 at 2:33pm: Alan, no cheaters? And recent unemployment data was like real? How about what shadowstats report? For now at least, I dont see need of shadowstats for europe for example, altough it may change once too. Some adjust fine but like double+ data skew - sorry. As for existence, I wouldnt bet on US either, there already beed some states calling for independence, although for now europe seems more likely and US more unlikely to break. But u know, in my opinion eu would still exists even if spain, greece and maybe some others leave, it will create huge turbulence but once dust is settled, stronger countries may regain confinence. I could easily see eu eur/usd 1.6+ after piigs kickout.

Comment by ROBERT JOSEPH PAULO on October 8, 2012 at 7:38pm: usd to continue pushing south for the winter (imo)

Comment by Romano on October 9, 2012 at 7:05pm: http://www.zerohedge.com/news/2012-10-09/guest-post-what-will-benef...

Ok I have read this today, there may be some point in that article in which case Alan would be right. Peter I would like to hear your take on it if u still here.

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