Won’t this strengthen the dollar?
From the article: "the U.S. dollar rose 0.4 percent against a basket of currencies ." Personally I can't see this ever acknowledged by the "dollar's-worthless" crowd.
Its all relative. Stronger than Yuan, yes but weaker against everything else. Weaker against commodity prices, weaker against energy price, weaker against food prices, weaker against gold/silver. The losers are citizen holding yuan or USD because they’re losing purchasing power