A look at this year’s performance of national currencies
Quick Take
- 2020 has been a turbulent year; even for national currencies
- In March, USD was the strongest since January 2017 and since then, it has dropped to the lowest point since April 2018
- Out of the top 20 currencies, only six underperformed the U.S. dollar in 2020 — INR, MXN, ZAR, RUB, BRL, and TRY
- Due to the falling dollar, neither EUR, GBP nor JPY all-time highs have been breached this year yet; JPY by more than 10%
This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.
Go to Source
Author: Larry Cermak