Dollar can't find a bid, putting it on pace for 4th straight loss

[ffr]

The U.S. dollar on Thursday was on course for a fourth-straight losing session, continuing to struggle after the release of inflation data while a new round of economic reports was lining up for assessment by investors.
<snip>

The dollar continued its downward drive Thursday before a new round of data are released, including a report on weekly jobless claims. The greenback turned lower Wednesday after initially jumping following data that showed U.S. consumer price inflation rose 0.5% in January, above expectations of a 0.4% increase.

The inflation data and rising Treasury yields initially lifted the greenback but that was accompanied by an unexpected drop in U.S. retail sales. Those mixed signals may have helped sink the dollar, analysts said. - Marketwatch

Inflation is already making its presence known. U.S. credit ratings globally are on the decline, thanks to conservative GOP policies.

[BoneyardDem]

1. I'm not qualified to speak on the actual subject matter...but.....

I find it interesting that money is printed in such a run down looking warehouse-y type place. Ceiling tiles missing appear to be missing, pipes, vents and struts visible etc. I honestly thought it would be more sterile looking.

[ffr]

3. It's a stock photo of counterfeiting operations in Venezuela

just kidding.

[dixiegrrrrl]

6. We could be in Venezuela's shoes if it keeps falling.

Inflation is a measure of the dollar's value. Higher interest, less value, higher cost of servicing the way too much debt.
Trump is not helping, the way he insults countries that buy our debt. China is a huge buyer, but now is buying much less debt/Treasuries.

[uponit7771]

2. +1, I'm watching the dollar tank RIGHT NOW !! it's like 23% to the euro ...what's up

... with that !?

[tonyt53]

4. It takes about $1.25 US to equal one euro. Even $0.01 change is significant.

US inflation IS rising, and the people that buy dollars are noticing. Yep. that GOP tax giveaway plan IS having immediate results.

[Yonnie3]

5. Huh?

23% to the Euro. I'm not sure what is meant by that.

The Euro in relation to the Dollar is up 1.95% over the last 5 days.