USD getting stronger - reason?

what is the trend/reason behind the USD getting stronger the last few weeks?
LVL 5
25112Asked:
Who is Participating?

[Product update] Infrastructure Analysis Tool is now available with Business Accounts.Learn More

x
I wear a lot of hats...

"The solutions and answers provided on Experts Exchange have been extremely helpful to me over the last few years. I wear a lot of hats - Developer, Database Administrator, Help Desk, etc., so I know a lot of things but not a lot about one thing. Experts Exchange gives me answers from people who do know a lot about one thing, in a easy to use platform." -Todd S.

Carlisle_AgentCommented:
Value of the USD is mostly affected by the US Economy. The stronger the economy, the more valuable the currency is in comparison to other currency (other countries money). Voting Ron Paul. GG Thx
0

Experts Exchange Solution brought to you by

Your issues matter to us.

Facing a tech roadblock? Get the help and guidance you need from experienced professionals who care. Ask your question anytime, anywhere, with no hassle.

Start your 7-day free trial
speed_54Commented:
Economic and political conditions dictate the relative strength of the dollar against other currencies. As these conditions unfold, a dollar will be worth more of another currency (strengthens) or be worth less (weakens). For example, if one U.S. dollar is equal to 115 Japanese yen and the dollar strengthened, you might then be able to get 117 or 119 for the same dollar. In the same way, a weakening could drive the exchange rate down to 111, 110 yen per dollar.
Also raising the percentage that a central bank or monetary authority charges on loans to commercial banks strengthens a nation's currency because it raises the returns on deposits in a given currency in relation to other currencies, as well as signaling growth in the economy and a decline in inflation. The Federal Reserve raises or lowers the percentage to influence national savings, investment, employment, inflation and the exchange rate.
0
It's more than this solution.Get answers and train to solve all your tech problems - anytime, anywhere.Try it for free Edge Out The Competitionfor your dream job with proven skills and certifications.Get started today Stand Outas the employee with proven skills.Start learning today for free Move Your Career Forwardwith certification training in the latest technologies.Start your trial today
Miscellaneous

From novice to tech pro — start learning today.