The US dollar is being propped up by high interest rates relative to other developed economies so it will be interesting to see what happens when those cuts materialize.Year to recent and many currencies have declined around -22% to -26% relative to gold, in contrast the Euro declined around -18%. Russia is another exception, with the Ruble down around -6%.
As the Euro has relatively strengthened so US stock gains from a EU perspective will have been lower.
Statistics: Posted by prioritarian — Tue Sep 16, 2025 12:29 pm — Replies 30 — Views 2805