DislikedMy take on the news is slightly different. As we have seen with the various news releases for currency matters, the markets react to the news eventually but the first or early reactions simply represent where the market wants to go. It has nothing to do with the news! Long term, the US wants a weaker USD so that it can expand its economy to fund its military without raising tax rates. The debt ceiling increase won't achieve this goal.Ignored
Same like the US default a month ago. Everyone screaming the fall of the giant. Titan still thriving and will last longer than any of us here will live.
Not afraid to be wrong, ik what am goin' to lose!
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