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A comment on Why is the stock market rallying when the economy is so bad?. Parent comment

Re:Why is the stock market rallying when the economy is so bad? by quag on Sunday May 10, 2020 @12:28PM (#23133865)
As a counter point, the AUD, KRW, and NZD all buy fewer USD today than they did on 2020-01-01.

The three currencies have risen from the big drops on 2020-03-18, but are still worth less than earlier in the year.

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Re:Why is the stock market rallying when the economy is so bad? by chii on Monday May 11, 2020 @02:52AM (#23139523)
The currencies have little to do with the wellness of how the gov't handled the crisis. It has more to do with demand, and theres' just a lot of demand for USD, simply because it is considered a reserve currency, and a lot of people would rather hold it than their own native country's currency.
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