NYT: A Strong U.S. Dollar Weighs on the World The U.S. dollar has strengthened significantly against virtually every major global currency this year, affecting nearly two-thirds of the 150 currencies monitored by Bloomberg. This shift, largely due to anticipations of Federal Reserve rate decisions amidst high inflation, has made U.S. assets more attractive and prompted a substantial influx of international capital into the U.S. This robust dollar, reaching heights last seen in the early 2000s, is having wide-reaching impacts from Brussels to Beijing and poses potential serious consequences for the global economy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Crude Oil Tops $79 as DOE Predicts Supply Deficit READ MORE Gold's Record-Breaking Rally and Its Potential Future READ MORE Why Gold May Not Go Above $2,100 Without Rate Cuts READ MORE The Risks of Gold and Silver ETF's vs. Physical Metals READ MORE Gold Prices Climb Near $2,350 Amid Holiday-Thinned Trading READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment