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The Dollar Is Becoming Stronger Every Day, Here's Why
Dollar dominance. Global inflation. Forex trading.
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For the last year just about everyone has worried about inflation in the US economy and the cost of holding the dollar. However, time has shown that the dollar has actually held up quite a bit better than just about every other currency. This is a phenomenon called the Dollar Smile. Basically whatever happens in the economy the dollar tends to just get stronger. |
All of this insanity has led veteran forex traders to believe the dollar is the strongest bet in 25 years. That one simply should not bet against the dollar.
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