Loading ...Why? Because I always thought, and noticed, the Central Planners rotate the currencies between USA and the others, like a farmer watering different sections of the farm. I doubt its natural market forces, like the big hits with Gold. The gov’t lap dog Banks “play” futures.
The past year of a climbing US Dollar, in turn lowers the values of Europe’s Euro and Japan’s Yen. So THEIR inflation numbers are worse than ours, because every commodity is priced in Dollars. So THEY need a break on gasoline diesel food etc.
So they will get lower inflation prices and USA will get lower dollar higher inflation prices for a while. I assume. You could say the Banks are market makers on the Futures markets until a distortion (price/supply) get bad enough, the trend changes.