About the Video
Here’s why USD is strengthening against every other currency!
🔴 𝗦𝘁𝗮𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗜𝗕𝗞𝗥 ➡️ Click Here
🔴 Get 1 FREE international transfer up to RM 2,500 (Wise) → Click Here
⬇️Timestamps:
0:00 → Intro
0:53 → History of the US Dollar
4:22 → Why is the US Dollar still going up?
6:45 → Why can you do as an investor?
8:30 → Conclusion
After World War 1, the US Dollar was pegged to gold under the 1944 Bretton Woods Agreement, which allowed it to become the world’s reserve currency as the US held three-fourths of the world’s gold supply.
Today, a variety of actions that have unsettled the stock and bond markets have worked together to boost the Dollar’s value against other currencies. These include the Fed rate increases, Russia’s war in Ukraine, global sanctions on Russia, soaring commodity prices, China’s lockdowns, and Europe’s and Japan’s economic slowdowns.
The U.S. Dollar Index, which tracks the dollar against six other important currencies, is hovering at levels it hadn’t reached in 20 years. Since the start of the year, it has gained 8 percent; in the last 12 months, it has risen 14 percent. Against the Japanese yen, the dollar has risen more than 13 percent this year alone.
The Federal Reserve’s latest moves to tighten monetary conditions are likely to spur the dollar further. Fed policymakers decided to raise short-term interest rates by half a percentage point and to begin reducing the bonds on its $9 trillion balance sheet in June 2022.
Despite trillions of dollars in foreign debt and continuous large deficit spending, the United States still holds global trust and confidence in its ability to pay its obligations. For this reason, the U.S. dollar remains the strongest world currency. It may continue to be the top global currency in the years to come.
❗️USEFUL LINKS❗️
✅Start Investing in the U.S. market now!👇🏻
• Investing in the US market
✅Full Interactive Brokers Playlist👇🏻
• Interactive Brokers Guide
✅Beginner’s Step-By-Step Playlist to Start Investing 👇🏻
• Beginner’s Guide to Investing
✅My StashAway playlist👇🏻
• Playlist
✅🎥All the gears that I use to make my YouTube videos: Click Here
Follow Ziet
Disclaimer: This content is provided by a paid Influencer of Interactive Brokers. Influencer is not employed by, partnered with, or otherwise affiliated with Interactive Brokers in any additional fashion. This content represents the opinions of Influencer, which are not necessarily shared by Interactive Brokers. The experiences of the Influencer may not be representative of other customers, and nothing within this content is a guarantee of future performance or success.
None of the information contained herein constitutes a recommendation, promotion, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products and services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website.
Interactive Brokers is a FINRA registered broker and SIPC member, as well as a National Futures Association registered Futures Commission Merchant. Interactive Brokers provides execution and clearing services to its customers. For more information regarding Interactive Brokers or any Interactive Brokers products or services referred to in this video, please visit www.interactivebrokers.com.
