USD appreciation has been the theme since the last financial crisis in 2008. The EURO, the single bloc currency of a trading bloc valued at 16 trillion dollars (2022) and the second most globally traded currency, lost nearly 50% of its value against the USD since January 2008. USD appreciation against the pound sterling GBP is even more marked In January 2008, the GBP-USD exchange rate was 2.005, in January 2024, it is 1.26, and even...
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