U.S. dollar ‘very much overvalued,’ strategist says
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- Опубліковано 25 вер 2022
- #dollar #pound #yahoofinance
Citi head of European FX strategy Vasileios Gkionakis joins Yahoo Finance Live anchors Akiko Fujita and Ines Ferre to discuss currency moves in the pound sterling and U.S. dollar.
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The high dollar is a result of its reserve currency status and the fact it’s in short supply due to QT, nothing more. Once the fed gets printing again it will drop like a stone
You cant print silver dollars!
Unfortunately right
Looking forward to that so stocks can go back up
@@Countcho US $ is overvalued after Fed central bank starts QT stop printing currency and Congress stop pays debt obligations
Once countries stop relying on it, it'll drop more than that.
The Fed has been increasing rates faster than we expected and even in other major countries, it's why the dollar is overvalued globally.
Thats not what he said. He said its doubtful that the Dollar is very overvalued. He explained that its going to continue. Way to go Yahooligans
Its the old silver dollars not the fed dollars, get those real dollars... to the moon! 💎👋🚀
Correct
Idk how's that been working for ya
@@joefuentes2977 better than your crashing economy will work out for you
You greed overtakes your diminished intellect
Can Yahoo Finance check people's microphones and internet connection before starting? I can't even hear what he's saying because he's going in and out.
If the congress doesn't release fund to repay the debt and the economy is unable to recover from a emergency as unable to borrow more it will collapse everything including the market, the value of dollar and everything. It is better to have all in control before it reaches the threshold.
Unfortunately right
This is the first person from Citi that seems to know what he is talking about. He should be running things at Citi pretty soon. Go long VG.
it's like fine art or crypto currency. too much outside investment into a single unit is doing that. divide the USD by ten and it gets realistic.
YES about 80% worth= less
this comment section should be disabled. Any respectable person will not comment here. Just bots and scammers, please be safe, and NEVER GAMBLE or trust non-professionals (any person not vetted by a mid-large size institution or at-least FINRA) with your financial future.
Stop making comments then.
Just because she is pro life and against immigration does not make her far right.
Time for expand agro ser trad Indus sains tech by GDP by gnp by federation
The dollar is not overvalued, it's been criminally undervalued for 24 months straight as these massive bubbles have outpaced the rate of even the craziest money printing we've ever seen. Over the next 2 years, the only thing worth holding will be cash as these over-priced tangible assets and stocks deflate and crash. We're 40-50% overcooked still. People say to never hold cash because it will lose value to inflation, but it's wild how few people understand that cash BEATS asset values for super short periods between economic cycles, and mainly during recessions. For example, if you held cash from 2004 to 2006 you would have lost your butt to real estate price appreciation (a form of inflation), but if you sold in 2006 and held cash until 2009, your buying power would have increased 40-50% due to that crash/temporary deflation. We're about to see the largest crash in modern history. Hold cash and nothing else until at least late 2023.
no fiat currency in history has ever survived
IMO I think the DXY will drop like a stone probably 85 over the next 7 months or so, Gold probably $2500 TO $3000
in comparison with other currencies it is incredible high which may be an indication of something wrong.
No, it's not. Europe has an energy crisis and Asia is still locking down people and also has energy problems. The USA, by luck, is in good shape.
lol; petro dollar collapse
By luck? Energy independence was a choice in the US. Europe created their energy problems.
Why are you people trying to level off currency…?
That over value, its fed body need, in malaysia,
Far right? You guys must be lying. And you talk as if it's so unfair that the dollar is high and must go down.