Such a sharp drop in the dollar not seen since 2003
This year, the US dollar experienced the sharpest decline, for the first time since 2003. Experts say that this is due to the decline in the yields of US Treasuries. At the moment that is fixed by the 9% depreciation of the U.S. currency against the Euro. Index ICE U.S. Dollar, reflecting the dollar’s value against six major currencies, was down 0.26 percent. Another indicator — the WSJ Dollar, which…