The impact of USD increasing value $DXY

2022-04-29

I believe most of us on this platform are Singaporeans.

The usual route of investing in US companies goessomething like this.

DDA SGD into Tiger Brokers - Currency Exchange from SGD to USD.

Now, assuming if you're dollar-cost-averaging andnot holding a large sum of USD before the Greenback rally, you would probably be affected, at least to some extend. Positive impact if your capital is in USD, negative impact if your capital is in SGD.

No, I'm not suggesting anyone to stop investing in US Stock Markets.

What I'm trying to highlight here is this:

It is always wise to plan ahead when our native currency is in our favour and vice-versa.

Granted, nobody knows when it's of best value. However, we can use history to gauge an approximate value that an individual deems fair.

Just my 2 cents worth of the impact, of $DXY rally.

P.S. 1.38 USD = 1 SGD (approximately)

Tips For Beginners

You can find informative tips and suggestions to help you start trade and stay safe as an beginner!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

BellaFaraday
2022-04-30
BellaFaraday
Thanks for sharing, your post was a reminder.
- Vixenvixen:
  My pleasure!
Kencana
2022-04-29
Kencana
Before tapering should change some dollar
- Vixenvixen:
  I agree! Most definitely!
MortimerDodd
2022-04-30
MortimerDodd
So are you more bullish on Singapore now?
- Vixenvixen:
  Are you referring to SGD or SG’s economy or SG Stocks?
chubzchubx
2022-04-29
chubzchubx
very good. continue the good work!
- Vixenvixen:
  Is this the “warm up” thingy? Haha
EvanHolt
2022-04-30
EvanHolt
Maybe the exchange rate doesn't matter so much to our investment.
Chriskbk
2022-04-30
Chriskbk
great reminder!

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9069342935,"tweetId":"9069342935","gmtCreate":1651241592950,"gmtModify":1676534876643,"author":{"id":3568367118998895,"authorId":3568367118998895,"authorIdStr":"3568367118998895","name":"Vixenvixen","avatar":"https://static.tigerbbs.com/60f88efb788302b568c3e5f4bfedc927","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.25","individualDisplayEnabled":0},"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[{"themeId":"79158501e1e54402b8d1affab86623b3","categoryId":"7cbb30544f7e4946acd0f699136a7d66","name":"Tips For Beginners","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":79158501e1e54402b8d1affab86623b3}&rnconfig={\"headerBarHidden\": true}","description":"You can find informative tips and suggestions to help you start trade and stay safe as an beginner!","image":"https://community-static.tradeup.com/news/59ca758a29e5fd7a4fd6e78e0972be37"}],"images":[],"coverImages":[],"title":"The impact of USD increasing value $DXY","extraTitle":"","html":"<html><head></head><body>I believe most of us on this platform are Singaporeans.&nbsp;The usual route of investing in US companies goessomething like this.&nbsp;DDA SGD into Tiger Brokers - Currency Exchange from SGD to USD.&nbsp;Now, assuming if you're dollar-cost-averaging andnot holding a large sum of USD before the Greenback rally, you would probably be affected, at least to some extend. Positive impact if your capital is in USD, negative impact if your capital is in SGD.&nbsp;No, I'm not suggesting anyone to stop investing in US Stock Markets.What I'm trying to highlight here&nbsp;is this:&nbsp;It is always wise to plan ahead when our native currency is in our favour and vice-versa.Granted, nobody knows when it's of best value. However, we can use history to gauge an approximate value that an individual deems fair.&nbsp;Just my 2 cents worth of the impact, of&nbsp;$DXY rally.P.S. 1.38 USD = 1 SGD&nbsp;(approximately)</body></html>","htmlText":"<html><head></head><body>I believe most of us on this platform are Singaporeans.&nbsp;The usual route of investing in US companies goessomething like this.&nbsp;DDA SGD into Tiger Brokers - Currency Exchange from SGD to USD.&nbsp;Now, assuming if you're dollar-cost-averaging andnot holding a large sum of USD before the Greenback rally, you would probably be affected, at least to some extend. Positive impact if your capital is in USD, negative impact if your capital is in SGD.&nbsp;No, I'm not suggesting anyone to stop investing in US Stock Markets.What I'm trying to highlight here&nbsp;is this:&nbsp;It is always wise to plan ahead when our native currency is in our favour and vice-versa.Granted, nobody knows when it's of best value. However, we can use history to gauge an approximate value that an individual deems fair.&nbsp;Just my 2 cents worth of the impact, of&nbsp;$DXY rally.P.S. 1.38 USD = 1 SGD&nbsp;(approximately)</body></html>","text":"I believe most of us on this platform are Singaporeans. The usual route of investing in US companies goessomething like this. DDA SGD into Tiger Brokers - Currency Exchange from SGD to USD. Now, assuming if you're dollar-cost-averaging andnot holding a large sum of USD before the Greenback rally, you would probably be affected, at least to some extend. Positive impact if your capital is in USD, negative impact if your capital is in SGD. No, I'm not suggesting anyone to stop investing in US Stock Markets. What I'm trying to highlight here is this: It is always wise to plan ahead when our native currency is in our favour and vice-versa. Granted, nobody knows when it's of best value. However, we can use history to gauge an approximate value that an individual deems fair. Just my 2 cents worth of the impact, of $DXY rally. P.S. 1.38 USD = 1 SGD (approximately)","highlighted":2,"essential":1,"paper":2,"likeSize":54,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/9069342935","repostId":0,"isVote":1,"tweetType":1,"viewCount":1362,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":716,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101519208,"gmtCreate":1651299913974,"gmtModify":1663248216926,"authorId":9000000000000689,"author":{"id":9000000000000689,"authorId":9000000000000689,"name":"BellaFaraday","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":0,"prevId":0,"content":"Thanks for sharing, your post was a reminder.","text":"Thanks for sharing, your post was a reminder.","html":"Thanks for sharing, your post was a reminder.","likeSize":1,"commentSize":1,"subComments":[{"id":101519681,"gmtCreate":1651302377996,"gmtModify":1663248215257,"authorId":3568367118998895,"author":{"id":3568367118998895,"authorId":3568367118998895,"name":"Vixenvixen","avatar":"https://static.tigerbbs.com/60f88efb788302b568c3e5f4bfedc927","vip":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2005},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":101519208,"prevId":0,"content":"My pleasure! ","text":"My pleasure! ","html":"My pleasure! "}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101505745,"gmtCreate":1651247101384,"gmtModify":1663248153729,"authorId":3580435285853971,"author":{"id":3580435285853971,"authorId":3580435285853971,"name":"Kencana","avatar":"https://static.tigerbbs.com/d5da0f3d018441c0cf9337b491f6d15a","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":0,"prevId":0,"content":"Before tapering should change some dollar","text":"Before tapering should change some dollar","html":"Before tapering should change some dollar","likeSize":1,"commentSize":1,"subComments":[{"id":101506093,"gmtCreate":1651248604251,"gmtModify":1663248155343,"authorId":3568367118998895,"author":{"id":3568367118998895,"authorId":3568367118998895,"name":"Vixenvixen","avatar":"https://static.tigerbbs.com/60f88efb788302b568c3e5f4bfedc927","vip":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2005},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":101505745,"prevId":0,"content":"I agree! Most definitely! ","text":"I agree! Most definitely! ","html":"I agree! Most definitely! "}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101519211,"gmtCreate":1651299924983,"gmtModify":1663248214537,"authorId":9000000000000469,"author":{"id":9000000000000469,"authorId":9000000000000469,"name":"MortimerDodd","avatar":"https://static.tigerbbs.com/e95988692a3ca0ec3a601b11d189cbe9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":0,"prevId":0,"content":"So are you more bullish on Singapore now?","text":"So are you more bullish on Singapore now?","html":"So are you more bullish on Singapore now?","likeSize":0,"commentSize":1,"subComments":[{"id":101519680,"gmtCreate":1651302366333,"gmtModify":1663248215331,"authorId":3568367118998895,"author":{"id":3568367118998895,"authorId":3568367118998895,"name":"Vixenvixen","avatar":"https://static.tigerbbs.com/60f88efb788302b568c3e5f4bfedc927","vip":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2005},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":101519211,"prevId":0,"content":"Are you referring to SGD or SG’s economy or SG Stocks? ","text":"Are you referring to SGD or SG’s economy or SG Stocks? ","html":"Are you referring to SGD or SG’s economy or SG Stocks? "}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101505814,"gmtCreate":1651247265134,"gmtModify":1663248158238,"authorId":3573424099857501,"author":{"id":3573424099857501,"authorId":3573424099857501,"name":"chubzchubx","avatar":"https://static.tigerbbs.com/81dc9bc77184fa493cbde5fd917a87fc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":0,"prevId":0,"content":"very good. continue the good work!","text":"very good. continue the good work!","html":"very good. continue the good work!","likeSize":0,"commentSize":1,"subComments":[{"id":101506095,"gmtCreate":1651248621150,"gmtModify":1663248155137,"authorId":3568367118998895,"author":{"id":3568367118998895,"authorId":3568367118998895,"name":"Vixenvixen","avatar":"https://static.tigerbbs.com/60f88efb788302b568c3e5f4bfedc927","vip":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"Emerging Contributor","description":"Contributors who received Editor's Pick for the 1st time","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2005},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":101505814,"prevId":0,"content":"Is this the “warm up” thingy? Haha","text":"Is this the “warm up” thingy? Haha","html":"Is this the “warm up” thingy? Haha"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101519210,"gmtCreate":1651299919456,"gmtModify":1663248214137,"authorId":9000000000000592,"author":{"id":9000000000000592,"authorId":9000000000000592,"name":"EvanHolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":0,"prevId":0,"content":"Maybe the exchange rate doesn't matter so much to our investment.","text":"Maybe the exchange rate doesn't matter so much to our investment.","html":"Maybe the exchange rate doesn't matter so much to our investment.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101523982,"gmtCreate":1651328235490,"gmtModify":1663248234135,"authorId":3582711637037208,"author":{"id":3582711637037208,"authorId":3582711637037208,"name":"Chriskbk","avatar":"https://static.tigerbbs.com/b812b1d3f67d521808aedd3c71801031","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069342935,"type":1,"supId":0,"prevId":0,"content":"great reminder!","text":"great reminder!","html":"great reminder!","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9069342935"}