The US dollar is on a tear

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The U.S. Dollar is rising like I haven’t seen for quite some time. Sterling, the Euro, the Australian Dollar and the Swiss Franc have all been plummeting against the dollar for the past two months, hitting multi-year lows.

Below is a chart of the benchmark currencies from Bloomberg. I have circled the currencies in red which have lost the most against the USD in the last weeks.

Source
Benchmark Currency Rates – Bloomberg Market Data

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