King Dollar Risks Becoming Greenback the Bully
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The strength of the US currency risks fracturing global trade. The relentless rise of Treasury yields is translating directly into dollar strength, laying waste to the value of other currencies. As the US economy becomes ever more internally strong and self-obsessed, emerging-market economies are likely to suffer first and most.



https://www.bloomberg.com/opinion/articles/2024-04-18/currency-markets-king-dollar-risks-becoming-greenback-the-bully