The world’s most painful trade is finally ending as dollar peaks

Bloomberg/Ruth Carson/2-23-2023

graphic illustration of decling US dollar


“Investors say the dollar is on the way down because the bulk of Federal Reserve rate increases is over, and virtually every other currency will strengthen as their central banks keep tightening.”

USAGOLD note: If true, a declining dollar would likely be good for gold.

Share

This entry was posted in Today’s top gold news and opinion. Bookmark the permalink.

[ad_2]

Source link

Add a Comment

Your email address will not be published. Required fields are marked *