The Dollar Is More Armored Division Than Currency
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The dollar continues to dominate despite predictions of a tough year. Its supremacy is not solely due to interest rates. The greenback has consistently outperformed other currencies, reminding the world of the US's essential economic force. Even events that were expected to cause a pullback, such as Japan's decision to end negative interest rates, have had little impact. The Federal Reserve's projected rate cuts are unlikely to diminish the dollar's strength. This year was expected to see a decline in the dollar, but a key index of its support is off to a strong start.



https://www.bloomberg.com/opinion/articles/2024-03-31/usd-the-dollar-is-more-armored-division-than-currency