Eli5: How do we measure whether the US dollar is rising or falling? Submitted by SoshiLuver t3_10jgt50 on January 23, 2023 at 4:39 PM in explainlikeimfive 6 comments 1
blipsman t1_j5kjtgt wrote on January 23, 2023 at 5:45 PM Look at it's value relative to other key currencies like the Euro, Pound, Yen. If your dollar buys fewer Euros then the dollar is weakening, if you can buy more Euros then the dollar is strengthening. Permalink 1
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