Dollar Plunges 10.7% as Debt and Rate Policies Trigger Multi-Currency Decline

TLDR: U.S. dollar index has dropped 10.7% year-over-year, with particularly sharp declines against the Swiss franc at 14.1%. Total U.S. debt reaching $38.5 trillion combined with narrowing interest rate differentials has undermined dollar strength. European investors holding S&P 500 positions have seen currency losses completely offset their equity gains over the past year. Weakening dollar [...]

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