USD was the WORST performing G10 CurrencysteemCreated with Sketch.

in dollarindex •  7 years ago 

Hello Steemit community,

As I sip on my hot cup of blonde roast this morning I came across this article online- http://www.businessinsider.com/dollar-overvalued-baml-fx-2017-7

First sentence of the article "The US dollar is the worst performing G10 currency this year, down 8% versus its major peers. But it's still expensive relative to its history, according to Bank of America Merrill Lynch."

Okay so some thoughts come into my head. A 8% decrease seems VERY large? Maybe I am wrong but could this trend continue? No idea.

And if it does continue in that direction.... what will happen to my personal buying power if my Employer pays my salary in USD? Anyone else have these thoughts?

Keep on Steeming everyone!
-Ryan17

dollarindex currency dollar deflation econ101
7 years ago by

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      ·  7 years ago 

    Until oil is no longer traded in USD or generally relevant, USD is not going anywhere.

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        ·  7 years ago 

      If its not traded in USD what is it traded in? Crypto, hahah jk

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          ·  7 years ago 

        lol ur funny STEEMPOWER right?

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            ·  7 years ago 

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              ·  7 years ago 

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