When
trading the dollar overseas, a variety of international problems can
make that currency stronger, situations that also affect the value of
the Euro and foreign currencies in different ways.
And
then other factors come into play. Such as rising oil and energy
prices, with their effect on the American economy. The impact on the
dollar can be opposite what it would ordinarily have been with
respect to the other currencies.
We
import oil. Were we producing our own energy, our dollar would be
much stronger than it internationally is. (See
the Earl J. Weinreb NewsHole® comments and @BusinessNewshole
tweets.)
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