Will the dollar hold?

What currency should I keep my savings in?

will the dollar collapse and what currency to store your savings in? Is it risky to keep money in dollars or is it better to change it to euros? ноябрь, 2020

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will the dollar fall and how much?

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will the dollar collapse? Should I keep my money in dollars? What currency should I keep my savings in? How to save your money from inflation. Which currency is the best and most reliable?

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What is the forecast for the dollar?

undoubtedly, the dollar has gained a good position in the market, but like any currency, the dollar can also quickly devalue. An excessively bloated economy and a large budget deficit in the US are still pushing the dollar down.
Although the unstable Euro is also losing weight, the dollar is also forecast to fall significantly against the Euro. Despite all its shortcomings, the Euro is the second currency in the world, as a reserve currency, in which they prefer to store their capital, in addition to the dollar.
Currently, the dollar exchange rate is determined at auction, but until 1971, the dollar exchange rate was not free and was regulated by public financial institutions in the United States. At the moment, there is no significant influence on the dollar exchange rate from the state, and the dollar grows if there is an increased demand for it and there are more buyers than sellers. The dollar exchange rate falls if there are more sellers than buyers.

is it possible that the dollar will collapse?


dollar - Euro dynamics

Update the chart at this point
Euro dollar rate, real-time chart

dynamics of the dollar / ruble exchange rate for the week, Forex market

dollar to ruble exchange rateUpdate the dollar / ruble chart at this time

What does the dollar exchange rate depend on?

The dollar is affected by the balance of US exports / imports, investment in the external economy, and the country's huge external debt, which is growing rapidly. These factors undermine the credibility of the dollar and affect the interest of buyers. Still, rumors of a falling dollar have been ahead of the curve for years, and more often than not, they don't come true. The dollar is not going to rapidly collapse. The fact is that no other currency in the world is yet capable of performing the functions that the dollar currently performs as an international currency. In the last ten years alone, the dollar has lost more than 40% in value. However, the economic crisis supported the dollar exchange rate, when real estate fell sharply in price, and the dollar was suitable to save capital. To save capital, investors around the world, especially from Brazil, China and Russia, keep dollars in their currency baskets, and this also supports the dollar exchange rate. In such baskets, in addition to the dollar, the main currencies are included, and the US dollar has an overwhelming weight in them.

dynamics of the market rate of the dollar to the ruble for the month, Forex

Update the chart of the dollar-ruble exchange rate dynamics
dollar-ruble exchange rate dynamics for the month

What currency should I keep my savings in?

How do I store my savings, in dollars or euros? Let's say you have earned some money, You have the opportunity to save for a rainy day, or You have decided to save money. So, if you hold rubles, you will quickly notice that the price of goods runs away from your savings. Simply, your money is consumed by inflation. After this experience, people refuse to save in rubles and switch to dollars or euros. And many people already know the first rule: do Not keep all your eggs in one basket, and to save your savings for the long term, it is better to keep several currencies. Usually these are US dollars and euros, less often the yuan, pound, canadian dollar and yen. At the same time, periodically changing the ratio of currencies in the basket, you can not only save capital, but also increase it. Please note that saving capital only in currencies is not a good solution, since all currencies lose weight. Let them be a haven of capital for the short term.
For many hundreds of years, gold was the most reliable way to save capital. When currencies appeared, they were equated to a certain amount of gold. Often the coins were made of gold and were very suitable for savings. At the moment, everything has changed and the direct link currency/gold is a rare case. Gold has an undeniable advantage in accumulating and preserving capital: Unlike modern currencies, gold can not, for example, fall in price in a year by 10 - 100 times.

Dollar to Euro for the month, market

Update the dollar to Euro chartdollar-Euro exchange rate dynamics

Forecasts and the collapse of the dollar

As you know, the dollar today is not backed by gold directly, as before. According to various sources, the dollar exchange rate is an inflated soap bubble, which according to forecasts should have burst many years ago, but as we can see, the dollar is in perfect order.
It is not difficult to understand what the future of the dollar is. Most likely, the dollar will also gently lose % year after year and it does not look like it will collapse, even if it is not backed by gold one to one and it does not matter what is happening with the soap bubble. This currency will be at the center of events, as there is no more reliable alternative currency in the world yet.


Chart EUR / RUB at the Central Bank rate

Update chart EUR to the ruble.
Course chart EUR to the CBR ruble


Young currency - Euro

The Euro is going through difficult times and Europe is full of problems that are not present in the US: in the Euro zone countries, internal instability, financial crisis and also a large external debt.
Of course, the Euro, as the world's universal currency, is a great idea, but there is a quiet struggle between the Euro and the dollar, because if the Euro's position increases, the dollar, on which the US economy depends, loses its position. Moreover, the financial crisis in the United States is of little interest to anyone, since it will collapse the financial situation in many countries, many of which are the most developed, and all of them depend on the dollar. Be that as it may, the Euro is raising its head, but it stretches for years, which will suit everyone. There is a threat of competition from the Euro for the dollar, but there are still many problems for countries that are United by the Euro.


Did the dollar fall much earlier? - This has happened more than once when the dollar was on the verge of collapse, and we had to take very serious measures to keep its exchange rate stable. Currently, the US financial system is able to maintain the dollar exchange rate, which it does well due to the country's development and is likely to be able to do in the future.
Why, if the dollar is a soap bubble and the dollar exchange rate may collapse sooner or later, why not keep your savings in gold? The fact is that many investors have already invested their capital in gold, so the price of gold is also somewhat inflated. Look at the chart of dollar and gold price dynamics on this site. In 10 years, the dollar has fallen against gold by more than 100%.

will the dollar fall? What should I keep my money in: dollars, rubles, or euros? онлайн 26.11.2020
will the dollar fall and how much?.