{"id":6363,"date":"2020-12-04T18:44:07","date_gmt":"2020-12-04T15:44:07","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=6363"},"modified":"2023-06-23T09:17:03","modified_gmt":"2023-06-23T06:17:03","slug":"what-is-going-on-with-the-usd","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2020\/12\/04\/what-is-going-on-with-the-usd\/","title":{"rendered":"What Is Going On With The USD?"},"content":{"rendered":"\n

The rate of the US dollar is an exciting and intriguing topic for lots of people. Today we will discuss the situation around this most popular global currency, the reasons for and consequences of what is going on.<\/p>\n\n\n\n

<\/span>So, what is it with the buck?<\/span><\/h2>\n\n\n\n

On December 3rd, Bloomberg published a thrilling article about the USD. Firstly, this currency is falling in pairs with other national currencies, according to the Bloomberg Dollar Spot Index. Secondly, it has been falling for seven months already. Thirdly, this negative trend is likely to remain in force at least until the end of 2020.<\/p>\n\n\n\n

<\/span>Could you give more details about the index?<\/span><\/h2>\n\n\n\n

Bloomberg Dollar Spot Index demonstrates the ratio of the USD vs a combination of 10 other currencies that includes the euro (EUR<\/a>), yen (JPY<\/a>), Canadian dollar (CAD<\/a>), Mexican peso (MXN), Great Britain pound (GBP<\/a>), Australian dollar (AUD<\/a>), Swiss franc (CHF<\/a>), South-Korean won (KRW), Chinese yuan (CNY), and Brazilian real (BRL).<\/p>\n\n\n\n

<\/span>How deep has it fallen this year?<\/span><\/h2>\n\n\n\n