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A comment on Former President Trump is projected to win the presidency. Parent comment

Re:Former President Trump is projected to win the presidency by throwaway2037 on Wednesday November 06, 2024 @09:50AM (#42063153)
To be clear, it doesn't make sense to say "the dollar traded at pretty stable levels". You need an FX pair to make sense.

There are three big, floating currencies in the world: USD, EUR, and JPY. These currencies are overwhelming used for international trade. The USD<->EUR FX rate has been quite stable (~1.10) for about 10 years. However, the JPY<->USD FX rates has risen dramatically since 2022.

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Re:Former President Trump is projected to win the presidency by llamaimperative on Wednesday November 06, 2024 @10:20AM (#42063661)
To be clear, it's obvious I'm saying across a basket of all FX pairs, the US traded at pretty stable levels. There is no sign at all of debasement.

JPY, likewise, has performed terribly against a basket of all FX pairs.

JPY is the outlier.

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