HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » Concerns mount that dolla...

Mon Jun 22, 2020, 07:23 PM

Concerns mount that dollar will weaken further as U.S. COVID-19 cases spike

June 22 (UPI) -- New warning signals about a potential weakening of the U.S. dollar emerged Monday when a Deutsche Bank analyst said the greenback's value could fall further as COVID-19 cases continue to rise.

Deutsche Bank analyst Sameer Goel on Monday questioned whether currency traders will continue paying a premium for the dollar as a "pandemic safe haven" given the new waves of COVID-19 cases in the United States even as Europe's economic reopening is moving ahead.

The "emergency dollar demand seems to be waning," Goel told CNBC.

He said traders may believe the U.S. strategy for exiting the pandemic is "poorer than it is for the rest of the world. Our mobility tracker suggests that, bulk of Europe, for example, is opening up faster than (the) U.S. is."

Read more: https://www.upi.com/Top_News/US/2020/06/22/Concerns-mount-that-dollar-will-weaken-further-as-US-COVID-19-cases-spike/8751592837422/

3 replies, 458 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 3 replies Author Time Post
Reply Concerns mount that dollar will weaken further as U.S. COVID-19 cases spike (Original post)
TexasTowelie Jun 22 OP
soothsayer Jun 22 #1
I_UndergroundPanther Jun 22 #2
Liberal4Lyfe Jun 23 #3

Response to TexasTowelie (Original post)

Mon Jun 22, 2020, 07:30 PM

1. You think?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TexasTowelie (Original post)

Mon Jun 22, 2020, 08:06 PM

2. NEO- liberalism sucks

And our government is infested with people that believe that bullshit and drive the country down a hope for thier precious beliefs. Republicans need to be removed and thier selfish party brought to an end permanently. Neo liberals are poison to our nation.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to TexasTowelie (Original post)

Tue Jun 23, 2020, 11:17 AM

3. what happens if dollar weakens

 

?^

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread