Dollar Decline Goes Decadal

Dollar Decline Goes Decadal

Every major currency on the planet rose against the US dollar in July, which is poised to be the worst month for the greenback in a decade. The dollar decline story would likely get top billing were it not for gold's epic surge. The two are obviously related, but even as de-dollarization is a theme that generates vociferous debate, it's just not as sexy as gold at record highs. Underpinning both the dollar's stumble and gold's ascent are plunging real US yields, the perception that the US will
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