@Cesc0410 3 November 2022

As the world finds itself short of energy due to supply chain bottlenecks, we need the coupon in which energy is traded and that is the US dollar. You can't say for certain swap lines purchase oil, gas, and other commodities without having the preferred coupon for trading. As countries require these dollars to ensure they have a steady flow of energy into their countries dollar demand rises. As uncertainty in other markets continues to show, people want to get out of other local currency exposure and into dollars. As Americans aren't spending as much as they used to, especially overseas due to higher interest rates forcing them to service debts, you're seeing dollar demand rise and in the process things that trade against the dollar gets crushed, primarily emerging market currencies. The dollar is acting like a wrecking ball lately If you want to know more check out my latest post ->> https://leofinance.io/@chekohler/currencies-getting-creamed-by-the-dollar ______________ #dollar #usdollar #economy #economics