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Wednesday, February 20, 2019

USA is gearing up for USD depreciation.

https://sg.finance.yahoo.com/news/u-wants-pledge-stable-chinese-yuan-talks-resume-050426264--sector.html

The US wants China to stabilize RMB so that it can depreciate USD.  We had stated the real reason for USD depreciation below.

http://sg-stock.blogspot.com/2019/02/usd-is-likely-to-depreciate-soon-why.html

The latest FED statements also showed a very dovish FED stance that would contribute to USD depreciation.

Look like the US is setting up a star constellation for a weak USD.

1 comment:

Eric Ho said...

https://sg.finance.yahoo.com/news/dollar-near-one-week-lows-fed-testimony-pound-083325919--finance.html

We had already anticipated this downtrend.