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As of my knowledge cutoff in 2021, the US dollar had been experiencing a steady decline against other major currencies for several years. This trend was due to a combination of factors such as the high levels of US debt, a growing trade deficit, and the Federal Reserve's decision to maintain low-interest rates. However, since then, there has been some stabilization in the value of the US dollar, with the currency rebounding against some major currencies. The ongoing COVID-19 pandemic has also played a role in the fluctuations of the dollar, as the Federal Reserve has implemented policies to stabilize the economy, including massive stimulus packages. It remains to be seen whether the dollar will continue to recover or continue its long-term decline.
Dollar Collapse, News or Nonsense? | VectorVest
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