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DiewConklan
Bloomberg Television
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Comments by "DiewConklan" (@hRt42kuo7jTtmk14) on "US Dollar to Remain Strong for a While: HSBC’s Mackel" video.
Euro will go to €0.90 and the £ will go to parity.
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@charlesbrightman4237 none of that matters. Nothing will change. The dollar will remain king. But if you believe all that then you should short the dollar. Meanwhile, people who are dollar based are up 10%-15%-20% against many other currencies.
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@charlesbrightman4237 despite all that, the USD will remain the safest and most secure currency that everyone wants. And the best securities with the highest yields are also in USD, so demand for USD will remain high.
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@charlesbrightman4237 right, China, Russia, Iran, Saudi, and some other countries will trade together in their own currencies. But it doesn’t change anything. The dollar is still king and the currency of highest demand and value.
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