“While the stock market has been rising, the U.S. dollar has been sinking.  It’s on the verge of breaking major 13-month lows.  It’s not far from reversing everything it gained against a sinking euro during the recent European debt crisis.  And once those barriers are breached, it could crash to its lowest level in history.  But Washington doesn’t care, and few investors seem to give a damn.  They celebrate the fact that, in the near term, a falling dollar helps make U.S. exports more competitive overseas.  Plus, they like the fact that a dollar decline temporarily drives global investors away from safety and into risky investments, including U.S. stocks.”

https://www.moneyandmarkets.com/u-s-dollar-on-the-brink-of-13-month-lows-here-are-the-long-term-consequences-55764

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