Is U.S $ gaining next week?

Question

U.S dramatically going up in a week .. How long this trend continue ? or just fake rally??????????????

Answer 1

When we go into a recession the dollar usually increases in value.  That occurs because when we go into a recesson the whole rest of the world follows.  When this happens money owners get scared, and they flee to quality.  They will dump the Euros, and yen, and Singapore dollars, and buy US dollars to invest in US stocks and bonds, and real estate, at bargain prices---sometimes.