Dollar at its lowest point in 2 years

10 % in 5 months

The US Dollar is in decline, as Donald Trump wants. This year alone the US Dollar has lost 10 % compared to the Euro. And is now at its lowest point in 2 years.

https://img.leopedia.io/DQmP9zaPTbGmSN7Qw5NERWT6sm6UYZA4YzCRTCYWtxQiDZD/IMG_2558.webp

This has important ramifications. Travelling to the USA gets cheaper for people from Europe and Asia. Products priced in US Dollar are suddenly a lot cheaper to buy for the rest of the world.

For Americans the opposite is true. Travelling abroad gets more expensive and products from overseas are a lot less attractive right now!

Trump has what he wants!

Sincerely,

Pele23

Posted Using INLEO



0
0
0.000
0 comments