The euro is collapsing because the continent is plunging into a depression. The pound went into free fall because the Scots were about to break away from the United Kingdom. The yen is heading down because Abenomics is hitting the rocks, and the country is heading into its third lost decade in a row. There are any number of explanations you can give for why most of the main currencies have been falling against the dollar. But, in fact, there is another simpler explanation. It is not that other currencies are weaker, it is the dollar that is getting stronger. The American currency DXY, -0.02% has now been rising for ... (full story)