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Thursday, February 11, 2021

U.S. Economic Fundamentals and the Dollar

The dollar is currently much closer to its 52-week lows than its highs over that period against the euro, yen, Swiss franc, Chinese yuan and on a trade-weighted basis. Depreciation has been very orderly overall. The decline has transpired in fits and starts, and cumulative losses are moderate compared to many historical periods of slide. […]

* This article was originally published here

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