Loading ...Long term chart showing lower highs and lower lows. On its way back to 70 or lower. TPTB want to restore the US economy, and a lower dollar is easier than creating tariffs.
That “run-up” in June 2014 was an artificial, manual temporary abrupt up-ward adjustment. America threw one last “bone” to the foreign nations that keep sucking us dry by selling us their crap for the last 60 years. Nothing stays the same forever.
Another point re chart. The dollar at 100 today is the same as where it was in 1972!!! But now the US Gov’t has a $19 trillion national debt, and or, because the entire tax PAYING working class earns less today than back in 1972 in constant value dollars.