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Value of US dollar down 11%

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ataraxia

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So much winning! So much respect! America’s golden age is upon us!

It’s just that the rest of the world apparently doesn’t seem to want to have much to do with America the new corrupt isolationist banana republic and its new two-bit dictator man-child.

“ The value of the U.S. dollar against other currencies dropped about 11% in the first half of this year, the biggest decline in more than 50 years, ending a 15-year bull cycle.
Morgan Stanley Research estimates the U.S. currency could lose another 10% by the end of 2026.”

 
ataraxia said:
So much winning! So much respect! America’s golden age is upon us!

It’s just that the rest of the world apparently doesn’t seem to want much to do with America the new isolationist banana republic and its new two-bit dictator man-child.

“ The value of the U.S. dollar against other currencies dropped about 11% in the first half of this year, the biggest decline in more than 50 years, ending a 15-year bull cycle.
Morgan Stanley Research estimates the U.S. currency could lose another 10% by the end of 2026.”

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I think it could lose another 10% TODAY if the Supreme Court lets that firing go through.
 
“ “We're likely at the intermission rather than the finale,” says David Adams, head of G10 FX Strategy at Morgan Stanley. “The second act for the dollar’s weakening should come over the next 12 months, as U.S. interest rates and growth converge with those of the rest of the world.” ”
 
The dollar index as we speak is 97.07. It was below that for the entirety of the Obama presidency and most of the Bush term and most of the Clinton years. So im not going to panic
 
Damn

Hey, let's get fewer earnings reports from companies so that stock traders have less data to go by also. That should work.
 
Fletch said:
The dollar index as we speak is 97.07. It was below that for the entirety of the Obama presidency and most of the Bush term and most of the Clinton years. So im not going to panic
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Well, it’s a good thing you’re not panicking, because America’s golden age is upon us, don’t you know. You just really have to squint a little and imagine things for it to exist.

But maybe if we go running around chasing after cat eating Haitians and cancer causing wind turbines a little more it will start to look better.
 
Loulit01 said:
This would be good for our exports except for the tariff war Trump started.
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That's what the Trump administration would argue: they wanted a weaker dollar, and in fact, that is true - they did. I'm not sure consumers wanted a weaker dollar without jobs growth, though. That's the suckier part if you voted for this.
 
Just my luck . It's the first time in years I'm not headed south for the winter.
 
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ataraxia said:
So much winning! So much respect! America’s golden age is upon us!

It’s just that the rest of the world apparently doesn’t seem to want to have much to do with America the new corrupt isolationist banana republic and its new two-bit dictator man-child.

“ The value of the U.S. dollar against other currencies dropped about 11% in the first half of this year, the biggest decline in more than 50 years, ending a 15-year bull cycle.
Morgan Stanley Research estimates the U.S. currency could lose another 10% by the end of 2026.”

Click to expand...
Ouch! WTG trumpy!
 
ataraxia said:
So much winning! So much respect! America’s golden age is upon us!

It’s just that the rest of the world apparently doesn’t seem to want to have much to do with America the new corrupt isolationist banana republic and its new two-bit dictator man-child.

“ The value of the U.S. dollar against other currencies dropped about 11% in the first half of this year, the biggest decline in more than 50 years, ending a 15-year bull cycle.
Morgan Stanley Research estimates the U.S. currency could lose another 10% by the end of 2026.”

Click to expand...
Ouch. Thanks a lot asshole Trump and maga cult. You know not what you do. You are driven by hateful emotion. You defy logic and rational thinking. That's why your whole movement is a cult. It's all built on xenophobia. You would not independently believe the things you do without knowing that others do. It's all peer pressure. You've been had by a con man shyster. And your leader is seriously messed up in the head. You have made a big, big mistake and it is totally screwing up our nation.
 
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