Dollar slips to lowest since early June as rate hike bets fade
Dollar slips to lowest since early June as rate hike bets fade
Source: Reuters
―
DW NOTE
The dollar fell 19% against gold over the past year while the Fed held rates unchanged and inflation ran at 3.5%. If monetary easing drives dollar weakness, someone should tell the FOMC—they haven't cut once. This is currency debasement with a standing committee.