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USD Index (USX) / US Dollar forum

26 minutes ago

this will continue to fall

2 hours ago

Next Analysis tradingview.com/x/1e9Dksf3

6 hours ago

Morgan Stanley CEO Ted Pick stated at the World Economic Forum in Davos that the bank will work with the U.S. Treasury and other regulators to explore deeper participation in the cryptocurrency market. Additionally, Bank of America CEO Brian Moynihan indicated that if the regulatory framework becomes clear, the banking industry will make significant advancements into the cryptocurrency sector.

6 hours ago

Unless a BoJ rate increase tomorrow is bigger than already expected, I don't see much impact on our side of the pond other than short term knee jerks. Any Japan foreign investment money that was going to repatriate back to Japan has probably already done so. Japan has been one of the last major economies with ultra-loose monetary policy, so this is not world shocking news and in fact is needed.

Our dollar () is trading just off 1 year high, meaning we are still seen worldwide as a safe haven for foreign investments. A large BoJ rate hike could temper the dollar's dominance in the short term some, but its impact would likely be limited in scope unless accompanied by broader changes in global monetary policy.

Keep in mind too that while Japan's economy is the 3rd largest in the world at around $4 trillion, it is still only about the same size as California's. But Japan's economy has to support a population 3 times larger than California, meaning we are 3 times more productive per worker and have at least 3 times more money to plow back into R&D and other investments after feeding all the mouths.