Is the U.S. dollar’s dramatic decline a blip on the radar or a structural shift in global markets?
U.S. dollar bills in Washington. Madalina Vasiliu/The Epoch Times
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The U.S. dollar suffered its worst first-half year performance since 1973.
This year, the U.S. dollar index, a gauge of the buck against a weighted basket of currencies including the euro and the Japanese yen, has declined by almost 11 percent to its lowest level in three years.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
