Newsom on the Market

Two Sides of a Coin

Think of the euro and U.S. dollar index as two sides of the same coin. (Photo by David Guo, CC BY 2.0)
Think of the euro and U.S. dollar index as two sides of the same coin. (Photo by David Guo, CC BY 2.0)
Wild moves in global currencies either came out of nowhere, or were largely anticipated, depending on one's point of view.

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