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by IAmGraydon
321 days ago
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It's pretty obvious when I see this comment or others about the dollar losing value at a historic rate that the person commenting read it somewhere and doesn't actually understand the currency movement and has zero context. Your comment isn't even factually correct either - the USD is down 10.63% against the Euro this year, not 15%. Now to add a bit of context, it's up nearly 40% over the last 15 years against the Euro. The dollar is currently sitting at a level vs the Euro that is higher than 31 out of the last 45 years. It is at the same level it was in November 2021, which is still far above the mean. Have a look at the dollar index since it's inception in 1967. Does it look like the dollar is plummeting to you? https://www.tradingview.com/symbols/TVC-DXY/?timeframe=ALL |
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