US Pres Trump: Dollar Will Be Even Stronger If I Am Elected | Forex Factory

US Pres Trump: Dollar Will Be Even Stronger If I Am Elected | Forex Factory

US Pres Trump: Dollar Will Be Even Stronger If I Am Elected

$DXY | US Pres Trump: Dollar Will Be Even Stronger If I Am Elected
— LiveSquawk (@LiveSquawk) August 13, 2020

Added at 6:56am

US Pres Trump: Would Reduce Capital Gain Tax To 15% In A Second Term - FBN
— LiveSquawk (@LiveSquawk) August 13, 2020

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Aug 14, 2020 5:13am

"the dollar will be even stronger when I am elected"

The word even is a lie.... it suggests that the dollar is already strong.

Fact:
The Dollar index was at 100 when Trump started in 2017
3.75 years later it is currently at 93, so 7% below where he started.

He connects the value of the USD to his election:

This is best case a dumb statement with no substance, since he so far proved the opposite.
Even stronger than when? What is your reference value? Which time frame?

So you see, it's buffling with bullshit and lying once again.

3

Aug 13, 2020 12:09pm

Its called the American Dream.
Because you have to be asleep to believe it.

1

4

Aug 13, 2020 8:43am

The President should have no control over the currency ... and he calls China a currency manipulator !!

4

Aug 14, 2020 2:01pm

Quoting HudithePfupf

Disliked

first he sinks the dollar because the world adjusts to the fact the the US has voted a con artist into office. then a short periode of dollar strenght mainly thanks to FED tightening, while the rest is easing while this was the case, he immensly cirtized the FED for doing so and making the dollar strong and thanks to his covid-19 fuck up, the Dollar is tanking even further..... USD Debt / GDP is beyond 100% and rapidly rising - Japan and China hold about 30% of the foreign debt The dollar will get much weaker under Trump, because the budget is out...

Ignored

if people would look at a chart of the Dollar Index there may be a little more perspective on reality as to where the dollar is and where it's going no matter who the president is or isn't. It's been in a sideways channel for years and years. Right now it's in the middle third of the channel. it will go to the bottom of the channel and cycle back up.
And, in case no one took the time to read the list, here is the list of presidents and whether the dollar rose or fell and what % while they were in office:

Here's the percentage of rise or fall for each president's time in office, ranked from strongest to weakest:

Obama 14.27
Clinton 14.11
Ford 4.59
Elder Bush 0.49
Reagan -5.05
Nixon -5.34
Trump -5.53 (as of July 24, 2017 when the info was put out) Edit: i just checked the charts and the usd index right now is in the same area it was when this info came out.
Carter -10.72
Younger Bush -20.20

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Aug 13, 2020 10:39pm

Quoting chrisngch

Disliked

{quote} America always blame other countries. At one time the dollar was very strong, America blamed China for manipulating its currency. Now the dollar is not so strong which should be good for America now but they are still unhappy. They have to find reasons to be at war with China. The best way is to never blame others for you failure but find your own solution and analyse where you went wrong instead of finding fault with others. A strong dollar may be good for but not good for others for different reasons.

Ignored

The USD is just as strong as it was in July of 2017 and is in the middle third of the range that goes back to late 2014.
Not sure who's blaming whom for anything, but like you said, weak dollar is good for US companies doing business internationally. My guess is when the virus scare is over just after the election, the USD will move back up. In the meantime it's likely going to the bottom of the range between now and then and will come right back up. It's going to do what it's always done no matter how much junk is thrown at the election.

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Aug 14, 2020 2:07pm

Quoting mmforexinfo

Disliked

{quote} Elected leader??? good joke mate... but if you don't know the main reason why the dollar is not strong and the USA is not in better shape is just because the "leader" has no idea to lead and after years still thinks the USA is some company he bought. Also for someone who managed to bankrupted 4 casinos, he probably is not able to even make his bad or wipe his a..

Ignored

At least the US leadership has stopped giving the country to China like your leader in Victoria has done - which went against your country's views.

1

Aug 15, 2020 8:03am

Quoting milicentfx

Disliked

{quote} It's USA envy CB. Take is as a compliment to our fabulous nation....all the crybaby losers bashing our home....look at where these losers are from and ask yourself of you would EVER want to live there. LOL!!! These dingdongs never trade, just constantly post BS on FF. Keep the faith bro!!

Ignored

Agreed. I just refuse though to let what they say go unchecked.
Yes, one of them admitted to me that he doesn't trade. He sits at a desk and types on FF all day so he looks busy at the 'family office' he supposedly works at. He bring zero value to his workplace or to FF.

1

Aug 13, 2020 10:34am

There is a saying that even rats don't do somethings that politician did. One of these things is false promise. Promising something (so as to get elected) that he/she knows he/she will not or don't intend to deliver. The worst kinds is to deliver something opposite to what he promise.

A good example is Obama. He promised gun-control but sales of gun and possession of guns shot through the roof during his terms. He promised peace but in terms of dollar sales in weapons and ammunition, the Obama administration surpassed any other presidents since WWII. Even when you combined the total of the other presidents, Obama still sell more arms. Obama promised consequences to CCP if they militarized South China Seas island. The CCP knows very well Obama will not and has no intention and will to execute any consequences and they bulldozed ahead with confidence to militarize South China Seas AFTER promising not to do so at the White house (again another regime that habitually promise and has no intention to honor their promise).

Go back to what Trump promised during his election campaign. Check whether he deliver his promise. And judge him based on that and not what he say or what other people say.

1

Aug 14, 2020 6:44am

Quoting HudithePfupf

Disliked

"the dollar will be even stronger when I am elected" The word even is a lie.... it suggests that the dollar is already strong. Fact: The Dollar index was at 100 when Trump started in 2017 3.75 years later it is currently at 93, so 7% below where he started. He connects the value of the USD to his election: This is best case a dumb statement with no substance, since he so far proved the opposite. Even stronger than when? What is your reference value? Which time frame? So you see, it's buffling with bullshit and lying once again.

Ignored

The Dollar Index was on a very clear upward trend going from 89+ to almost 100 in Feb 2020. And that is when the cov-19 "CONVENIENTLY" strike which cause it sink below 100 to where it is today. If not for the cov-19, it would hover above 100 EASILY because the economy (before cov-19) is on a roar.

You want number. You get number. You want time frame. You get time frame. You want blame. I just wonder why you don't blame Cov-19 (and who causes it) rather than blaming the person who work his butt off to make the country great.

1

Aug 13, 2020 10:14am

Quoting thelws

Disliked

strong dollar or strong equities. pick one. Does this guy even know what a strong dollar will do?

Ignored

To be profitable in financial instrument, you need to know the driving force affecting the price. At the end of it, we are talking about demand and supply. What make for a strong equity? Strong confidence (aka positive forward projection). What make for a strong confidence? Corporate profitability. Positive corporate profitability on the whole in terms of the country means that it is added more values. That indicates that your product/service is highly sought after and people (all over the world) is flocking to you to buy your product (else how do you make profit growth?). Your product has high demand and people has to buy USD to pay for your product which means there will be high demand for USD. High demand for the currency translate to stronger currency (minus the other monetary policy influence).

In a nutshell, higher equity -> higher demand for USD -> stronger currency. When you see a high equity coupled with a weak currency, this is a bubble and risk.

Don't get confused by the other media who is out to brainwash you. Always go back to the fundamental and basic logic. Go back to KISS -Keep It Simple and Stupid.

And it does not help that people caught within the volatility do not see it as volatility but as fundamental.

1

Aug 13, 2020 10:20am

Quoting webart

Disliked

The President should have no control over the currency ... and he calls China a currency manipulator !!

Ignored

Which country leader don't have control over their own currency? If you admit so, you will be booted out of the office as nobody will trust someone to lead them when that someone has no control over critical things like own citizen money and wealth.

Every leaders control or try to control the direction of their currency. That is their duty and mandate from the people who elected them into office.

A currency manipulator control their currency down to the 4th decimal point.

One is talking about direction, the other we are talking about precisely fixing the 4th decimal point (or 3rd decimal point) of the currency. Don't confused one for the other.

1

Aug 17, 2020 7:24am

Quoting Zuke

Disliked

{quote} 1. Well Trump promised to build the wall at that Mexico would pay for it.....

Ignored

My last piece on this as it is irrelevant to the topic of FX trading. If you are not at the same frequency at which Trump operate at, you will not get it. The wall to you is physical but it may not and in fact is not in totality. Trump don't build wall for the sake of building wall. What is the use of the wall? To keep out illegals (from Mexico). Trump has successfully gotten Mexican president to deploy armies of their own Mexican national border guards to form a security 'wall' to address the illegals problem. The 'wall' so to speak is built by the Mexican at their own expense (else who pays those Mexican guards who patrol their borders?) and it has helps to stem the illegal flow. This Trump is a cunning wise fox. Don't belittle him. Most of us don't operate at his frequency. This wisest guy will want to appear stupid while the stupid guy will want to appear smart.

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Aug 13, 2020 9:54am

I will make EVERYTHING [STRONG] if elected US president!
Dollar, Stonks, People, Children, Vaccine, Trade Deal, Cars, Trade Deal...
Everything will be S T R O N G if I am elected Top President Boy of USA over Trup and Bidn!

1

Aug 16, 2020 1:21am — Edited

Quoting Hareii

Disliked

There is a saying that even rats don't do somethings that politician did. One of these things is false promise. Promising something (so as to get elected) that he/she knows he/she will not or don't intend to deliver. The worst kinds is to deliver something opposite to what he promise. A good example is Obama. He promised gun-control but sales of gun and possession of guns shot through the roof during his terms. He promised peace but in terms of dollar sales in weapons and ammunition, the Obama administration surpassed any other presidents since...

Ignored

1. Well Trump promised to build the wall at that Mexico would pay for it.....

2. Trump promised to eliminate the national debt over 8 years....we're around $4tn MORE in debt....

How you like them apples??

1

Aug 13, 2020 9:20am — Edited

Hidden?!?!

The streets of USA are full of similar expressions. Go and hide them. Cancel all pre-election activities. Make a restriction against Trump and Biden using this kind of expressions if you mean this is such a bad thing to do and to say.
You are a joke.
I am gone.

Aug 13, 2020 11:04am

of course it will.

1

Aug 13, 2020 11:56am

Quoting Hareii

Disliked

There is a saying that even rats don't do somethings that politician did. One of these things is false promise. Promising something (so as to get elected) that he/she knows he/she will not or don't intend to deliver. The worst kinds is to deliver something opposite to what he promise. A good example is Obama. He promised gun-control but sales of gun and possession of guns shot through the roof during his terms. He promised peace but in terms of dollar sales in weapons and ammunition, the Obama administration surpassed any other presidents since...

Ignored

Good writing in all aspects.

Aug 13, 2020 1:23pm

Quoting here2there

Hidden

So true indeed.

Aug 13, 2020 4:13pm

Quoting Guest

Disliked

If at all, presidents actually affect markets in the very short-term by some of their actions and responses to real events. It is the long-term management outlook of a CB and underpinning pressures from an evolving macro economy interfacing with market expectations per period that drives the value of any currency at all. This includes the $ so beloved by Americans (big or small) and who are won't to see a strong $ as a measure of their socioeconomic position in the world (wrong headed of course but what the hell?) Bottom line who is in charge is...

Ignored

Here's the percentage of rise or fall for each president's time in office, ranked from strongest to weakest:

Obama 14.27
Clinton 14.11
Ford 4.59
Elder Bush 0.49
Reagan -5.05
Nixon -5.34
Trump -5.53 (as of July 24, 2017 when the info was put out) Edit: i just checked the charts and the usd index right now is in the same area it was when this info came out.
Carter -10.72
Younger Bush -20.20

Aug 13, 2020 4:26pm

Quoting Fix-it

Disliked

He is the elected leader , Please some one tell me what is stopping him from making $ strong now. or what will he do different if he is reelected ???...

Ignored

well, for starters, the virus hasn't helped the dollar. what's stopping you from doing anything about the virus?

Aug 13, 2020 4:29pm

Quoting RossEdwards

Disliked

Its called the American Dream. Because you have to be asleep to believe it.

Ignored

Here we go again with RossGASPeddie attacking anything and everything US.
Seriously, Rossyboy, give it a rest.

At least people in the US have a dream and it's not 100% controlled by the gov't like your dream is in China. You really should ask your superior comrade to give you a raise for all the time you waste in here looking like you're busy at your family office. If i recall correctly, you stated you don't even trade.
So, why are you on a trader's forum?
hmm

Aug 13, 2020 4:35pm

Quoting Guest

Disliked

If at all, presidents actually affect markets in the very short-term by some of their actions and responses to real events. It is the long-term management outlook of a CB and underpinning pressures from an evolving macro economy interfacing with market expectations per period that drives the value of any currency at all. This includes the $ so beloved by Americans (big or small) and who are won't to see a strong $ as a measure of their socioeconomic position in the world (wrong headed of course but what the hell?) Bottom line who is in charge is...

Ignored

Oddly, you seem confused by facts. Wait, nope, you don't even have any facts, just talking out of your factass: The USD went up 14% while Clinton and Obama were in office.
Please delete your factless spew.

Aug 14, 2020 1:53pm

Quoting mmforexinfo

Disliked

{quote} It is very clear that you have some personal issues against Obama. No USA president will ever be banned or control guns. The people behind this "mafia" go stronger than any president. Also, the USA government breathe wars and weapons and ammunition, selling both for the 2 parts they insufflate war so it is a win-win and as usual they choose one to send their troops and putting other people's lives to be ended. Also, no USA president(or even from any other country) will have the power to change root things. You should live your...

Ignored

Actually Bush II banned guns during the aftermath of the hurricane in New Orleans. People sitting on their own porches with weapons to stop looters had their guns taken away by order of bush II.
And, you don't need a president to take guns away. A billionaire named Bloomberg, you may of heard of him being he owns the largest investing information service in the world, spent a lot of money buying (his words, not mine) campaigns in the state of Virginia of demorat house members and the governor's seat so the Virginia house, senate and governor were all D for the first time in history. He paid 'grassroots' people to stir up the gun control (his words, not mine) issue and had his governor (his words, not mine) and his House (his words, not mine) pass and sign gun control legislation.
So, no president needed when there are billionaires who think their money gives them the right to determine how things will be done - not just in gun control, but in everything.

Europeeans might be okay with that system, but Americans are not!

Aug 14, 2020 6:46am

Quoting mmforexinfo

Disliked

{quote} It is very clear that you have some personal issues against Obama. ...

Ignored

You can argue against opinion. But you cannot argue against fact because there is only one version of truth in fact. I don't have any problem with your opinion on my stand on Obama and I will leave the fact to argue with you.

Aug 14, 2020 10:22am

first he sinks the dollar because the world adjusts to the fact the the US has voted a con artist into office.
then a short periode of dollar strenght mainly thanks to FED tightening, while the rest is easing
while this was the case, he immensly cirtized the FED for doing so and making the dollar strong
and thanks to his covid-19 fuck up, the Dollar is tanking even further.....

USD Debt / GDP is beyond 100% and rapidly rising - Japan and China hold about 30% of the foreign debt

The dollar will get much weaker under Trump, because the budget is out of control and he reduces taxes..... who will pay the price? The taxpayer through massivly higher taxes in the long run and inflation.

Aug 14, 2020 3:53am

Quoting mmforexinfo

Disliked

{quote} Elected leader??? good joke mate... but if you don't know the main reason why the dollar is not strong and the USA is not in better shape is just because the "leader" has no idea to lead and after years still thinks the USA is some company he bought. Also for someone who managed to bankrupted 4 casinos, he probably is not able to even make his bad or wipe his a..

Ignored

This is abjectly what i am saying he is full of it ....

Aug 13, 2020 6:22pm

But didn't Trump in the past repeatedly express his wish for a weak USD?

1

Aug 15, 2020 7:53am

Quoting CashBox

Disliked

{quote} At least the US leadership has stopped giving the country to China like your leader in Victoria has done - which went against your country's views.

Ignored

It's USA envy CB. Take is as a compliment to our fabulous nation....all the crybaby losers bashing our home....look at where these losers are from and ask yourself of you would EVER want to live there. LOL!!! These dingdongs never trade, just constantly post BS on FF. Keep the faith bro!!

Aug 15, 2020 8:07am

Quoting CashBox

Disliked

{quote} Agreed. I just refuse though to let what they say go unchecked. Yes, one of them admitted to me that he doesn't trade. He sits at a desk and types on FF all day so he looks busy at the 'family office' he supposedly works at. He bring zero value to his workplace or to FF.

Ignored

Most of them do nothing.....they constantly make stupid comments about the news or what have you. Several of them are on this thread. Pointless crybabies.

Aug 14, 2020 1:20am

Quoting Hareii

Disliked

There is a saying that even rats don't do somethings that politician did. One of these things is false promise. Promising something (so as to get elected) that he/she knows he/she will not or don't intend to deliver. The worst kinds is to deliver something opposite to what he promise. A good example is Obama. He promised gun-control but sales of gun and possession of guns shot through the roof during his terms. He promised peace but in terms of dollar sales in weapons and ammunition, the Obama administration surpassed any other presidents since...

Ignored

It is very clear that you have some personal issues against Obama. No USA president will ever be banned or control guns. The people behind this "mafia" go stronger than any president. Also, the USA government breathe wars and weapons and ammunition, selling both for the 2 parts they insufflate war so it is a win-win and as usual they choose one to send their troops and putting other people's lives to be ended. Also, no USA president(or even from any other country) will have the power to change root things. You should live your beef against Obama aside and review your history. Just as a suggestion if you haven't watched "The Umbrella Academy" Netflix series you should especially the second season where they show clear the Kennedy "complo". But don't forget to review the George Bush time spent on the White House... remember the Towers??? USA will need way more GOOD LUCK if Trump wins a second term... and honestly, not only USA people (who work hard) but the rest of the world will be f...ed.

Aug 14, 2020 1:29am

Quoting Fix-it

Disliked

He is the elected leader, Please someone tell me what is stopping him from making $ strong now. or what will he do differently if he is reelected ???...

Ignored

Elected leader??? good joke mate... but if you don't know the main reason why the dollar is not strong and the USA is not in better shape is just because the "leader" has no idea to lead and after years still thinks the USA is some company he bought. Also for someone who managed to bankrupted 4 casinos, he probably is not able to even make his bad or wipe his a..

Aug 13, 2020 7:30am

In anyway of these, my only concern is how to be getting blue pips on my mt4. Final!

1

Aug 13, 2020 12:17pm

Quoting here2there

Hidden

So is yours.

Aug 13, 2020 12:23pm

Actually I am out. I am done and I am gone. Something is terribly wrong here and I can’t live with that.
Happy trading everyone. My apology to anyone who felt offended by me...

Aug 13, 2020 2:03pm

I do love the STRONG DOLLAR! Yes!

Please vote for Trump!

Aug 14, 2020 3:52am

Quoting RossEdwards

Disliked

Its called the American Dream. Because you have to be asleep to believe it.

Ignored

George Carlin

Aug 13, 2020 7:16am

US Pres Trump: Dollar Will Be Even Stronger If I Am Elected
Trumpas be like: the world and the dollar and the covid and everything will be better with me!
Vote for me
Lol trumpas cmon

Aug 13, 2020 3:23pm

He is the elected leader , Please some one tell me what is stopping him from making $ strong now. or what will he do different if he is reelected ???...

Aug 13, 2020 7:17am

He is the reason the stock market is so high.

Aug 13, 2020 9:52am

guess you can bet on a weak dollar. But that would depend on what the newly elected government in all houses....does.

Aug 13, 2020 7:00am

strong dollar or strong equities. pick one. Does this guy even know what a strong dollar will do?

Aug 13, 2020 7:32am

With Agriculture community seeing product demand they are not going to be adverse to a stronger USD
Tech led Renascence projected by some for next decade bypasses need for cheap labor substituting for capital investment.
Trump may actually get supportive of USD which is a significant change for markets.

Aug 13, 2020 12:37pm

Quoting NotAtrader

Disliked

Actually I am out. I am done and I am gone. Something is terribly wrong here and I can’t live with that. Happy trading everyone. My apology to anyone who felt offended by me...

Ignored

All the best.

Aug 13, 2020 10:17pm

Quoting doji

Disliked

But didn't Trump in the past repeatedly express his wish for a weak USD?

Ignored

America always blame other countries. At one time the dollar was very strong, America blamed China for manipulating its currency. Now the dollar is not so strong which should be good for America now but they are still unhappy. They have to find reasons to be at war with China. The best way is to never blame others for you failure but find your own solution and analyse where you went wrong instead of finding fault with others.
A strong dollar may be good for but not good for others for different reasons.

Aug 13, 2020 7:04am

Make america great again !!!!!!

Aug 13, 2020 8:24am

Dollar

is getting stronger already

Trader#89A0

Aug 13, 2020 8:53am

If at all, presidents actually affect markets in the very short-term by some of their actions and responses to real events. It is the long-term management outlook of a CB and underpinning pressures from an evolving macro economy interfacing with market expectations per period that drives the value of any currency at all. This includes the $ so beloved by Americans (big or small) and who are won't to see a strong $ as a measure of their socioeconomic position in the world (wrong headed of course but what the hell?) Bottom line who is in charge is of less consequence than what happens ahead and that is unknowable. Period!

The Crow (-_-)

Trader#D27A

Aug 13, 2020 1:23pm

Quoting here2there

Hidden

Nice well said.

Hidden for breach of Trader Code of Conduct

Hidden for breach of Trader Code of Conduct

Hidden for breach of Trader Code of Conduct

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