The Impact of a Strong US Dollar on the Global Economy
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#19fdf91f ver:0.22
The strength of the US dollar is impacting the global economy as countries diversify away from it. With high global debt levels and geopolitical developments, currencies are uncertain. Despite the strong dollar, gold prices are rising. Two-thirds of currencies have weakened against the dollar due to expectations of Fed rate cuts. The dollar index is at early 2000s levels, the yen is at a 34-year low, and the euro and Canadian dollar are sagging. The Fed is seen as the world's central bank. #USDollar #GlobalEconomy #FedRateCuts...
#newstr #UsDollar #Currency #GlobalEconomy
https://here.news/story/19fdf91f?ver=0.22