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Posted on 06/30/2025 11:42:55 AM PDT by zeestephen
US Dollar Index (USD) - September Contract - Value against a basket of foreign currencies - $100 is neutral - Above $100 indicates USD strength - Below $100 indicates USD weakness - USD down 12% since January 2025 - That is a significant drop for a major currency
(Excerpt) Read more at cnbc.com ...
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Should help our exports bigly.
As long as congress keeps borrowing to spend then it is only going to get worse. Lets not forget the credit downgrades.
Right in the center of that range, other than the Reagan explosion. And oh man that was an awesome time to be in Europe, which I was. The finest restaurants in Paris were as cheap as McDonalds back home. Miss ya, Ronnie!
“Above $100 indicates USD strength - Below $100 indicates USD weakness “
Not quite. 100 was set in 1973 when the index was started.
If it was started at another time, the current value could be 125 or 80.
Thanks for that comment. Patience has run out, here, speaking for myself alone, with believing anything the corporate Fifth Column delivers, on any subject matter.
Given the demoralizing tactics of these parrots of doom, their limited facts, with no discussion of counter measures in place, nor of timing in coming financial events, I will await brighter minds to weigh in, in due course.
Bumpy? Yes. Trump said it will be for a time. The least I can do is bear up and trust that the pain felt in this great battle is our last chance and my job is to stay standing, at all cost 🇺🇲
As the dollar drops in value foreign countries are less excited about buying US Government bonds.
As Congress is less and less excited about cutting waste, fraud, and abuse, the buyer of last resort for US Government bonds is the Federal Reserve.
And we always thought Monopoly Money was just a child’s game.
Trump dropping bunker busters on Iran’s nukes keeps this US dollar strength number from being lower. The world is in awe of US military reach and strength for a while.
Your make a valid point.
However, very few Free Republic readers have traded currency futures, so I am making a helpful, but general, comment that adds some meaning to the numbers.
Regardless, the peaks and valleys of the 1973 chart definitely correspond with professional commentary about a strong or weak USD.
Review.
That’s why this bill really should be voted down. Adds way too much to the debt. But it will probably pass because both parties are addicted to spending. The last ten years have been horrific for the debt of the country.
“But it will probably pass because both parties are addicted to spending.”
Are you expecting a lot of democrats to vote for the bill?
I have not heard that elsewhere.
No it doesn’t. Only a fool believes CBO numbers.
Good
“Only a fool believes CBO numbers”
California’s equivalent of the CBO says “Hold my Beer”
No. But they spent as much as Trump did.
The thing with President trump is he isn’t running again. So the only concern he may have is a nasty Democrat house full of bulldogs investigating his every move.
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