Amandla eDola: Kutheni Kukho Kangangoko Kangangoko Ngoku?

Izizathu Ezi-3 Kutheni Ngoku Kudala Isihlandlo Sokuhamba Ngaphandle Kwezwe

Amandla edoli yase-US athetha ukuba ixabiso leli dola liphezulu nakwezinye iirhafu xa kuthelekiswa nexesha elidlulileyo. Oku kuthetha enye yezinto ezimbini. Kungathetha ukuba idola lifuphi phezulu kwinqanaba layo lembali . Ukuphakama kwexesha elide kwidola laliyi-163.83 ngoMatshi 5, 1985 (njengoko kulinganiswa ngu-DX.F). Kungenxa yokuba i- US Federal Reserve iphakanyise ixabiso lemali elidliweyo ukuya kuma-9.00 ekhulwini ukulwa ne- stagflation . Ngaphezulu, funda i- Historic Fed Funds Rate.

Ingxelo ephantsi kwidola yayingama-71.58 ngo-Apreli 22, 2008. Le nto yayisemva nje kokungaphumeleli kwebhanki ye - Bear Stearns . Ngelo xesha, abatyalo-mali babalekela kwi- euro kuba becinga ukuba iingxaki zemali zaphela kwi-United States.

I dollar eqinile ithetha ukuba ixabiso leedola liye landa kwithuba elifutshane. Idola yayomeleza ama-25 ekhulwini phakathi kukaJulayi 2014 noMatshi 2015.

Kutheni i-Dollar iqina kangaka ngoku ngoku?

Idola iyomeleleyo ngezizathu ezintathu. Okokuqala, iFed iphelile umgaqo-nkqubo wezemali owandisiweyo njengoko uqoqosho luphuculwe. Yeka ukongeza kwenkxaso-mali . Oku kunyanzelisa ukubonelelwa kwedola kunye nokwandisa ixabiso layo.

I-Fed yaphakamisa ixabiso lentengo ngo-Disemba 2015. Oku kwaqinisa intengo yedola. Kwakuthetha ukuba i-US Treasury ibhale iyakuthi ithinte inzala ephezulu kwixesha elifutshane. Oku kwandisa imfuno yeedola. Abasindisi bafumana inqanaba eliphezulu lokubuyela kwidipholi kwidiphozithi, ezithe zahlawula inzala ephantsi.

Okwesibini, iBhanki Ephakathi YaseYurophu inciphisa ixabiso le-euro ngokwenza okuchaseneyo. Ukungazinzi kwezopolitiko kwiYurophu YaseYurophu kwanditshatyalalisa i-euro. Nantsi i- Euro Dollar Conversion kunye neMbali yayo .

Idola iyomeleza xa i-euro iyancipha. Kungenxa yokuba i-euro yenza iipesenti ezingama-57.6 zexabiso le-USDX.

Ngoko ke, nantoni na eyenza i-euro ibuthakathake iya kwenza i dollar ibe yomelele kwaye i-visa-versa. Ngenye yezinye iirhafu kwi-USDX inefuthe elingaphantsi kwexabiso leli dola.

Ekugqibeleni, abathengisi bangaphambili baqinisa amandla edoli. Basebenzisa umgangatho wokunyusa i-euro kwaye baqinise idoli.

Le yimihla yokugqibela yenzeke ukususela ngo-2014 ukuya ku-2016.

2014 : NgoJanuwari , iFed yaqalisa ukutshintshisa inkqubo yayo yokunciphisa . I dollar yahlala kwindawo yayo yokuhweba ka-2013 malunga ne-80 kwiinyanga ezintandathu zokuqala zika-2013. Ngokufanayo, i-euro yathengisa i-$ 1.3767. NgoFebhuwari , i-pro-western forces e-Ukraine ichithe urhulumente wayo, ihlwayela imbewu ye- Ukraine . Ngo- Matshi , iRashiya ifake i-peninsula yaseCrimea e-Ukraine. Ngo-Ephreli, yathumela imikhosi ukuxhasa abahlukeneyo baseRashiya base-Ukraine. Kwakhona ngo-Matshi, i-Fed yazisa ukuba iya kubheka ukuphakamisa izinga lokuhlawula imali ngexesha elithile phakathi no-2015.

NgoSeptemba 4 , i-ECB yazisa ukuba yayiza kuqalisa i-QE yayo. NgoNovemba , i-ECB eyongezele yona yayiza kubamba ixabiso lentlawulo ephantsi.

NgoDisemba , i-euro yawela kwi-1.21 yezigidi, njengoko abatyali-mali batyholwa yi- Greek debt debt inokunyusa iGrisi ngaphandle kwe-eurozone. Ngenxa yoko, i dollar yomelezwa ku-90.03 ekupheleni konyaka.

(Umthombo: "I-Euro iyakuboniswa kwi-Low-Year Low," i-Wall Street Journal, ngoJanuwari 6, 2014).

2015: NgoJanuwari , i-ECB yazisa ukuba yayiza kuqalisa i-QE ngoMatshi. Ngomhla ka-12 kuMatshi , yaqala ukuthenga izibophelelo. I-euro yawela kwi-1.0524 ye-$ (iminyaka engama-12 ephantsi) ngoMatshi 13. Njengoko i-euro yawa, i dollar yavuka. I-USDX ithatha iiveki ezingama-52 eziphezulu kwi-100.390 ngo-Matshi 13, 2015. I dollar inyuke kuma-25 ekhulwini ukususela ngoJulayi 11, 2014, ngaphantsi kwe-80.187. Ivalwe unyaka ngo-98.01.

Kuwo wonke ama-2015, abahlalutyi baqikelele ukuba i-euro iya kuhlaselwa (i-$ 1.00). Ngenxa yoko, i- hedge funds kunye nabanye abathengisi be-forex baqala ukukhawuleza i-euro. Ezi ziquka i-Bridgewater Associates, iTudor Investment, uBrevan Howard, ulawulo lwe-Moore Capital, i-Caxton Associates kunye ne-Gavea Fund. (Umthombo: "Yeka indlela iMoney Smart ehlelwe ngayo ukuba iHlase Rate," CNBC, Matshi 23, 2015.)

Abahwebi abaye bawachitha i-euro bathengisa kwi-marketplace.

Oku kuthetha ukuba bathembisa ukuzithenga kwixesha elizayo ukutshintsha imali ababoleke kuyo kubathengi babo be-forex. Babenethemba lokuba ixabiso leyuro liza kuwela ngeli xesha. Ukuba kunjalo, baxaka umdahluko njengenzuzo yabo. Ngaphezulu, funda indlela yokufutshane neYurophu .

Enye into eqhuba amandla edoli ngo-2015 yayiyintlupheko kwezoqoqosho lwaseChina . Iingxaki zeentengo zemboleko zatshwenyela abatyala-mali kwiindawo ezikhuselekileyo zeli dola. Ngaphezulu, jonga njani iChina ifuthe kwiDola ye-US?

Ngenyanga kaDisemba, iKomiti ye-Open Open Market yenyusa izinga lokunyusa imali kwi-0.25.

Ngo-2016: NgoJanuwari noFebhuwari, i-Dow yawela ku-15,660.18. Yayifumene namazinga aphezulu e-Fed. Abatyalomali abazange bathande amaxabiso eoli ewa, ukuhlaziywa kwe-yuan kunye neengxabano kwiivenkile zakwa-China .

I-Dollar Strength Index

Inkcazo ye dolophu yase-United States imilinganiselo eqhelekileyo yamandla edoli. Le ngqungquthela enokulinganisa ixabiso leedola ngokumalunga neesithandathu zemarike ezithengiswa kakhulu. Ezi zeemali zonke zisebenzisa ixabiso lokutshintshiselana nezimo. Isixa sorhwebo abanabo kunye neUnited States sinquma izinga lokutshintshisana kunye nokunyuka kwemali nganye. Oku kuthatha ingozi yokuba iinkampani zase-US zinaloo mali.

Imali Uphawu Izwe U bunzima
Yurophu i-eur Eurozone 57.6%
Yen i-JPY Japhan 13.6%
Pound IGBP Igreat britain 11.9%
IDola CAD Khanada 9.1%
Krona SEK Dominikha 4.2%
IFranc CHG Swizalend 3.6%

KwiDola yaseMelika

Kwixesha elide, umlinganiselo omkhulu we-US -to-GDP uyingcipheko uya kunciphisa ixabiso leedola. Ngaphambi kweengxaki zemali, oko kwenzeka kanye. Njengoko ityala le-US landa, ixabiso le dolali lawa.

Ngexesha leengxaki, abatyali-mali bafaka imali yabo kwi-Treasury e-US ekhuselekileyo. Oku kwandisa ixabiso le dollar. Kwakhona kwanciphisa amazinga omdla wesikhathi eside. Oku kudibaniswe nomgaqo-mali wokunweba kunye nemali yokuqinisa uqoqosho lwe-US. Oko kwatyelela abatyale-mali abaninzi kwi-Treasurys.

Oku ngakumbi kwi-US Dollar Strength