"Since becoming a free-floating currency, the US dollar while seeing a gradual decline in value against its main trading partners, has seen some very powerful multi-year price swings in both directions. Since August 1969 there have been six major price swings lasting an average 7.9 years and seeing a typical change in the value of the US dollar of some 67%." Howard Friend CMT
Howard continues on the historical political risks, "Since President Nixon scrapped the Bretton Woods Agreement in 1971 and in particular since the late 1980s there has been a clear bias for Republican Administrations to preside over a weaker currency. The US dollar has declined in value by close to 14% over the combined terms of Republican Administrations while it has risen by an average of 15% when Democrats have been in power."
There you go, you now have 2-sides: Long-term cycles and Political
Howard continues on the historical political risks, "Since President Nixon scrapped the Bretton Woods Agreement in 1971 and in particular since the late 1980s there has been a clear bias for Republican Administrations to preside over a weaker currency. The US dollar has declined in value by close to 14% over the combined terms of Republican Administrations while it has risen by an average of 15% when Democrats have been in power."
There you go, you now have 2-sides: Long-term cycles and Political
勝利は我々のものだ。今日と明日
¡Viva América!
Home of the Brave | Land of the Free
¡Viva América!
Home of the Brave | Land of the Free