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Thursday 7 December 2023 Dublin: 11°C
Dollar

The dollar is sick

The dollar weakens as everything else goes up.

YESTERDAY WAS ONE of those days where everything — stocks, bonds, precious metals, foreign currencies — were up. And of course, you can only get that when the dollar is getting drubbed, which it was.

A longish-chart shows just how pronounced the recent selloff has been. Note the big red bar at the end.

Reprinted with permission from  Business Insider