Hi

I am wondering about the US economy. There are a few things that suggest it may fail causing the USD to collapse.

1) Rhetoric being aimed at Iran has them stating they are dumping USD and US assets. That caused a spike yesterday (45 pips for me yay!).

2) The statutory debt limit imposed by Congress of $8.184 trillion dollars would be reached in mid-February. If that limit is reached, the US govt will no longer be able to function.

Is it a good time to go long in EUR/USD or similar or perhaps mid-feb if the trend shows a good pip gain is imminent?

Will the USD fall against other currencies over the next few months giving us a golden opportunity on a plate?

What are your thoughts? Please post

pm me please

In long term it could happen but I don't think US economy will crash this year.

You dont have enough posts for a pm Feel free to post it here.



Surely the the debt problem at least will put pressure on the dollar no? Perhaps not a collapse but a drop in the dollar is sure to happen? And soon?

Maybe dollar will drop by end of this year after FED stop raising rate and US housing development is slowing down.

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