Crashing against the Ruble. Jan 2, 2015 - 113 Rubles to buy a dollar. August 30, 2025 - 80 Rubles to the dollar. So Russia appears to have a stronger currency than the dollar at this point. It’s outperformed the Dow so far this year.
Against the Euro this year - $1.04 to buy a Euro on January 1, $1.17 to buy a Euro today.
Is the Fed deliberately crashing the dollar?
Another comparison. Gold $2,624 an ounce December 31, 2024. $3,551 now. Maybe the Federal Reserve Board should get a tropical vacation at Gitmo courtesy of the taxpayer. Charge them with treason.
not a crash. Normal fluctuation. Been watching it happen for decades
Par35. That’s the problem with the DXY. It doesn’t cover ALL currencies. However, I’m not sure where you are getting your numbers.
On Jan 2, 2015, it took about 67 rubles to purchase a dollar. I think you meant Jan 2, 2025. Regardless, the value of the ruble over time is trending DOWNWARD. Stretch your chart over a longer period of time.