Why is the US dollar falling?

in #news7 years ago

The US dollar, the symbol of the long American economy, has been steadily fallen this year.

Dollar index value, which has fallen by about 10% since January, surveillance against six main global currencies.

This reduces on Friday, even for the needs of other safe harbors - a class included in US dollars usually between missiles between US and North Korea.

The dollar, which is introduced in 2014 as the US economy gained strength, is hardly in the hazardous areas. The index is running a little less than a year.

But last year the most important information in the United States was weak. So what is behind this year's fall?
Looking for things in Europe

In some ways, it is a good news story, conducted by a good economy in Europe.

Euro has stabilized against the dollar in 2014, when central bankers receive an incentive program, when the USStudalas policies start moving.

Now, when Eurozone's economy improves and the European Central Bank's revival ends, the coins start moving closer together. EU's Pro-EU Emmanuel Macron's election in France helped achieve confidence in Europe in June.

The profit of the euro is the loss of the dollar. An euro now costs more than $ 1.17, more than 10 cents over the end of last year.

Investors are reacting to America's political turmoil.

But this is not just a European story.

Dollars fall against Japanese yen, Mexican peso and many other currency including the Swedish cron. Even the British pound, which drops after the Brexit vote, has gained some power against the dollar in recent months. (It's now worth $ 1.30, from March to $ 1.22.)

"Sammy Samana, a global media and strategic strategist at Welles Fargo, located in Louis, Missouri, said:" Such a widespread collapse shows you that it is actually moving away from the dollar, and is not going anywhere ".!Capture-3.JPG!

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