4.7 • 1K Ratings
🗓️ 13 June 2025
⏱️ 21 minutes
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0:00.0 | Hello, fellow rebel capitals. Hope you're well. So we got big news in the dollar. It plummets today to |
0:06.6 | recent lows. So we've got to ask the question. Is this the beginning of the dollar crash that |
0:13.8 | everyone like my good buddy Peter Schiff has been talking about? Also interest rates. We got a lot to |
0:20.3 | discuss in the UK as well. |
0:23.3 | So let's first and foremost look at what happened to the dollar today and maybe more recently. |
0:28.8 | You guys know that back during the whole Liberation Day nonsense, the dollar went down dramatically. |
0:34.9 | It was about 103. And it goes down to maybe 98, 98.5. |
0:40.2 | And it kind of rebounds. |
0:41.6 | I think for a while we got back up over 100. |
0:44.1 | But more recently, it's really tanked. |
0:46.8 | So let's look at the DXY right now as we speak down below 98. |
0:53.3 | And a big move lower today to 97.85. |
0:59.1 | Let's zoom out a little bit and look at a five-day chart. |
1:02.4 | Yeah, you can see this thing. |
1:03.7 | It was up 99, close to 100 right here. |
1:09.5 | And then we just and we finish almost well we not on the lows but we finished |
1:18.4 | lower or trending lower on the dollar now most of you know this is basically the euro yen |
1:24.6 | versus the USD. |
1:32.3 | So we've got to ask the question, what on earth has happened the last couple days that would lead the dollar to sell off like this? |
1:37.2 | Well, I think it starts with analyzing what's happening with inflation. |
1:43.1 | So let's go over to MarketWatch and check out the calendar. |
1:46.6 | And if we rewind to just yesterday, |
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