As the US dollar grows stronger, that comes at the expense other currencies around the world. And the dollar has been getting a whole lot stronger through the back half of 2022 as the Federal Reserve has enacted historically large interest-rate hikes to fight inflation. The rally has placed central banks around the world in a race to see who can lift interest rates — and, by extension, the value of their money — faster to keep up. As it stands now, the Fed still commands a healthy lead — a designation that raises the stakes for any further policy moves it makes. And while the ongoing "reverse currency war" might ... (full story)