Sorry, but there is no fixed standard against which to compare a currency. ALL the currencies are also changing their values in comparison to each of the other currencies.
There is no unchanging currency. No absolute standard.
This should be great news to manufacturing, mining and logging exports.
I was wondering why gold and silver jumped Friday, despite a 200+ point gain in the DOW.
here’s an explanation of why. The end of quantitative easing has started.
L8r
The dollar goes up and down all the time.
This is another, “It’s August first and it’s hotter than it was on January first, so global warming is real.”, story.
They pick a moment when the dollar has gone down, to address it’s weakness, but didn’t mention it had just been higher due to previous gains.
Like the weather, it fluctuates, and always does.
Exports will rise. US economy will rise. MAGA.
Good, this is what we need,
Drive the dollar down way down, to increase the competitiveness of our manufacturing and ease the payment of our debt.
Time to have currency manipulation of our own and beat china and others at their own game.