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Friday, December 4, 2020

The USD is depreciating just as we've predicted. - Part 3

 


The USD index is below 91 now because of US easing policies and burgeoning debts.

http://sg-stock.blogspot.com/2020/09/the-usd-is-depreciating-just-as-weve.html

The US has just announced its bill to delist Chinese companies and this will impact its USD too.

https://www.dw.com/en/us-passes-bill-that-could-delist-chinese-companies-from-stock-markets/a-55805624

The US investment banking sector will be directly impacted by this new bill because their businesses will be reduced significantly.  Furthermore, the new bill will also reduce China's demand for USD.

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