Take the US dollar for example. I was reading an article which said the dollar reached new highs recently, but there was a negative connotation to the piece. Doesn’t something “rising” generally mean it’s “stronger”? I usually think in terms of assets like stocks
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I keep on hearing places like Japanese yen, Thai baht and whatnot are getting weaker, but on parity to my home currency (Australia), I think they are at least semi strong against Australia currency…. I would consider them weak if they have an like let’s say aud $1 = 100 yen or $1 = 30 baht or whatever it’s is
I could probs say the same for usd to aud parity as well, I recall a time where it’s would be on par, if not aud having a better currency than usd, but now usd is going downhill but still aud is shit despite hearing than australia is performing better than USA or those countries I mentioned.
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