Dollar Dumps Most In 30 Years As Trump Raises Doubt Over "Strong Dollar Policy"

"The World Bank's former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system."

That is interesting. So from that time on, there is gonna be no more currency wars but labour wars. whoever can make products free or even pay customers the most to buy their products wins. LOL

what the hell is this all about?! pump and dump? dollar is still kickin ass

When US fall $ also fall,if its world super currency all over the world go to hell ....

if you look at the graph on page 2, when the $ is high the economies have been good , when the $ has been in negative it has been bad. on page 3 graph shows the change over of currency power. Also then read Rothchilds timeline and it all starts to fit a common denominator , that is what they have on the top of page 3. A super currency , one world government. One thing that will stuff this up is Brexit, Trump, Le Pen (if she gets in). Its going to be an interesting ride.

People often take "Human Greed" out of the equation..... To have a "One World Currency" you have to educate the people who will eventually use it! Now, that is where the problem begins for the propagators or NWO?

They have not even convinced people of their "Globalisation" of the Economy, now they are talking of a "Global Currency"? But as we know, these guys plan for generations! Just ask Albert Pike and Mazzini ....

Well this scenario is already materializing in the markets already, there's a powerful sentiment behind this which is "Donald Trump" policies and view of how things should be in the united States and it's affiliate,now note the markets has been waiting for this kind of events to start taking serious financial decision,the banks, fund managers and liquidity providers would surely react to trumps decisions,with such sentiment majors and currencies around the world would move big time, facts: dollar is the worlds highest reserve, most countries hold dollars assets and so on meaning that dollar would be most affected either positively or negatively but in this case dollar would lose value for sure and as trumps policies starts taking full shape the world would then realise that dollar should be dumped, now this isn't doom for dollar but rather an opportunity for us to exploit mostly for long term dollar bears and I don't see dollar interest rates increasing soon.

Strong or weak, there still is possibility to make money right? at the end of the day the options are the same: buy OR sell.

One World Government???. "The World Bank's former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system."

US Dollar is still at their strongest level with USDX at 99.88 which is a good indication for US economic.

if thats true then there goes forex.. lol

Yeah lol, stuck with index futures in that case. They'd better create e-micro and e-nano S&P contracts!!

I guess "tyler durden" didn't actually look at the DXY before writing this. Lol.

It's funny that you say this amongst all the rhetoric about the eurozone breaking up! Think about all the strife the euro has caused Germany. And sworn enemies are expected to welcome it with open arms? Hey Iraq, Syria and Afghanistan take on this new currency which is basically the USD with a new badge. I don't see it happening. What would they do about interest rates? It would be bad for all of the middle class as well. George Soros made a Billion in one day and now nobody can have access to this market which provides upward mobility. Now there is Bitcoin however it's traded a singular currency so you can't really compare that. Unless by some miracle Bit Coin becomes the new world currency which would be taken over by a hostile Government maneuver. Cue Henry Kissinger.

U.S. Dollar Index DXY still at 99.5 dollar is still strong!

Well, a strong dollar mixes well with his protectionist views.

There is no other currency capable or strong enough to be the world's reserve currency, and the US Dollar will continue to be king for at least a few decades to come. Possibly by then, a digital currency will have matured enough to replace the US Dollar. But even then, such currency would have to be federally (globally) controlled world wide, otherwise we would just have mass anarchy. Money can only work if there is some form of order with parameters to operate within.

Is there any possibility of EUR/USD reversal, now near 1.0820 ?