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> Yes it has. Euro costs 10% more in USD than one year ago. But more or less only the euro. The USD has strengthened or held steady against INR, RMB, CAD, AUD,
by mgh95 11mo ago
> Yes it has. Euro costs 10% more in USD than one year ago.
But more or less only the euro. The USD has strengthened or held steady against INR, RMB, CAD, AUD, etc. The euro is strengthening even more, however.
- pizlonator 11mo agoLook at the gold price. Or BTC. By those metrics the dollar has lost a lot of value in the last year
- alephnerd 11mo agoGold prices are wonky right now because it was Diwali [0] and India did a large GST reform [1] that unlocked consumer capital for gold. Once Diwali ended a couple weeks ago, Gold prices slumped [2]. The same thing happened with Silver [3]. You used to see similar stuff happen around CNY back when China was growing at double digit speeds [4]. [0] - https://www.cnbc.com/amp/2025/10/27/indians-spend-up-to-11-billion-on-gold-this-diwali.html https://www.cnbc.com/amp/2025/10/27/indians-spend-up-to-11-b... [1] - https://www.reuters.com/world/india/winners-losers-indias-sweeping-gst-overhaul-2025-09-04/ https://www.reuters.com/world/india/winners-losers-indias-sw... [2] - https://www.bloomberg.com/news/articles/2025-10-20/gold-s-record-busting-rally-resumes-after-dip-buyers-emerge https://www.bloomberg.com/news/articles/2025-10-20/gold-s-re... [3] - https://www.bloomberg.com/news/articles/2025-10-18/sold-out-in-india-panic-in-london-how-the-silver-market-broke https://www.bloomberg.com/news/articles/2025-10-18/sold-out-... [4] - https://ecomod.net/system/files/gold_and_china_ecomod2013.pdf https://ecomod.net/system/files/gold_and_china_ecomod2013.pd...