Hello Anyone knows what is causing usd to drop since yesterday? Any guess how long will this last / continue to drop?

Discussion (4)

What are your thoughts?

Learn how to style your text

Francis

01 Dec 2023

I think people are expecting the Fed is going to cut rate sooner.

Save

Boon Peng

07 Nov 2023

Lower fed fund rates mean people are less incline to invest in USD. If people are less likely to invest in USD, the price of a US dollar will decrease. Hard to predict how long this drop will continue.

Save

Ymj Eunice

04 Nov 2023

Might be due to the Fed pausing interest rate hikes consecutively. US treasuries also fell....

Write your thoughts

I want to cancel my Citi Credit Card but have had it only since July. Does anyone know what's their early termination period? How long do I have to hold onto the CC to avoid early termination fee?

Has anyone come across a stock that continued to do badly, never recovering overtime and hurt long term shareholders despite continued growth in revenue, income and cashflow?

Noticed recently USD is strong vs SGD. Anyone knows if it will remain strong in new few months? I have some USD in FD. Not sure to wait till maturity or convert first. Thanks

Hi! Does anyone know if it’s possible to fund Saxo with Transferwise with USD? (SGD:USD)?

SIA - I bought 500 shares at $8 and left it untouched since it was dropping continuously. Is it advisable to take up the ex-right shares since the stock price is so low now?

I want to cancel my Citi Credit Card but have had it only since July. Does anyone know what's their early termination period? How long do I have to hold onto the CC to avoid early termination fee?

Has anyone come across a stock that continued to do badly, never recovering overtime and hurt long term shareholders despite continued growth in revenue, income and cashflow?

Noticed recently USD is strong vs SGD. Anyone knows if it will remain strong in new few months? I have some USD in FD. Not sure to wait till maturity or convert first. Thanks

Hi! Does anyone know if it’s possible to fund Saxo with Transferwise with USD? (SGD:USD)?

SIA - I bought 500 shares at $8 and left it untouched since it was dropping continuously. Is it advisable to take up the ex-right shares since the stock price is so low now?