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Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.

 
Anonymous Coward
User ID: 69538184
08/30/2019 02:06 PM
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Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Trump just tweeted:


The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.


"Our Dollar is now the strongest in history" is flat out fake news.


The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs.

Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength:

US Dollar Index
Currently: 98.19 — only the strongest dollar since early August 2019
Record USD strength: 164.72 (Feb. 25, 1985)
% from record: 40%

Euro-USD
Currently: 1.11 — only the strongest dollar since late July 2019
Record USD strength: 0.64 (Feb. 26, 1985)
% from record: 42%

USD-Japanese yen
Currently: 106.47 — only the strongest dollar since March 2018
Record USD strength: 358.44 (Jan. 13, 1971)
% from record: 237%

USD-Chinese yuan
Currently: 7.06 — only the strongest dollar since February 2010
Record USD strength: 8.73 (Jan. 25, 1994)
% from record: 24%


[link to markets.businessinsider.com (secure)]
Anonymous Coward
User ID: 47345121
Canada
08/30/2019 02:09 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
The chosen one is clearly a buffoon.
Anonymous Coward
User ID: 72017986
United States
08/30/2019 02:09 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
I wonder how Larry Kudlow feels when Trump lies through his teeth with fake data like these?
Anonymous Coward
User ID: 54864037
United States
08/30/2019 02:15 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
"Our Dollar is now the strongest in history"

What I don't get is why Trump lies about data like this when it is so easily fact checked. In his own mind, do you suppose he actually believes his own fake news?
Rosicrucian1
User ID: 76025956
Canada
08/30/2019 02:16 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Trump just tweeted:


The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.


"Our Dollar is now the strongest in history" is flat out fake news.


The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs.

Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength:

US Dollar Index
Currently: 98.19 — only the strongest dollar since early August 2019
Record USD strength: 164.72 (Feb. 25, 1985)
% from record: 40%

Euro-USD
Currently: 1.11 — only the strongest dollar since late July 2019
Record USD strength: 0.64 (Feb. 26, 1985)
% from record: 42%

USD-Japanese yen
Currently: 106.47 — only the strongest dollar since March 2018
Record USD strength: 358.44 (Jan. 13, 1971)
% from record: 237%

USD-Chinese yuan
Currently: 7.06 — only the strongest dollar since February 2010
Record USD strength: 8.73 (Jan. 25, 1994)
% from record: 24%


[link to markets.businessinsider.com (secure)]
 Quoting: Anonymous Coward 69538184


so he is right, the strongest dollar.. all other currencies are collapsing even currencies that were strong against the US dollar in past.
Anonymous Coward
User ID: 70798499
United States
08/30/2019 02:19 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Trump just tweeted:


The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.


"Our Dollar is now the strongest in history" is flat out fake news.


The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs.

Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength:

US Dollar Index
Currently: 98.19 — only the strongest dollar since early August 2019
Record USD strength: 164.72 (Feb. 25, 1985)
% from record: 40%

Euro-USD
Currently: 1.11 — only the strongest dollar since late July 2019
Record USD strength: 0.64 (Feb. 26, 1985)
% from record: 42%

USD-Japanese yen
Currently: 106.47 — only the strongest dollar since March 2018
Record USD strength: 358.44 (Jan. 13, 1971)
% from record: 237%

USD-Chinese yuan
Currently: 7.06 — only the strongest dollar since February 2010
Record USD strength: 8.73 (Jan. 25, 1994)
% from record: 24%


[link to markets.businessinsider.com (secure)]
 Quoting: Anonymous Coward 69538184


so he is right, the strongest dollar.. all other currencies are collapsing even currencies that were strong against the US dollar in past.
 Quoting: Rosicrucian1 76025956


No, he said "Our Dollar is now the strongest in history", which is false. Look at the data above.

He lied to you.
Anonymous Coward
User ID: 70028294
08/30/2019 02:32 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
I wonder how Larry Kudlow feels when Trump lies through his teeth with fake data like these?
 Quoting: Anonymous Coward 72017986


I think it would be interesting if Kudlow does an interview and someone asks him to explain Trump's lie that the dollar is now the strongest in history.
Anonymous Coward
User ID: 77867111
Canada
08/30/2019 02:40 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
"Our Dollar is now the strongest in history"

What I don't get is why Trump lies about data like this when it is so easily fact checked. In his own mind, do you suppose he actually believes his own fake news?
 Quoting: Anonymous Coward 54864037


Because he does that so the rest of us can watch yourall heads explode crying LIAR LIAR. Ding, the more you know!
Anonymous Coward
User ID: 77965045
Australia
08/30/2019 02:47 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
"Our Dollar is now the strongest in history"

What I don't get is why Trump lies about data like this when it is so easily fact checked. In his own mind, do you suppose he actually believes his own fake news?
 Quoting: Anonymous Coward 54864037


Because he does that so the rest of us can watch yourall heads explode crying LIAR LIAR. Ding, the more you know!
 Quoting: Anonymous Coward 77867111


ORANGE MAN GOD!!!!1!
baby
Anonymous Coward
User ID: 57383842
United States
08/30/2019 02:52 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Trump just tweeted:


The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.


"Our Dollar is now the strongest in history" is flat out fake news.


The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs.

Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength:

US Dollar Index
Currently: 98.19 — only the strongest dollar since early August 2019
Record USD strength: 164.72 (Feb. 25, 1985)
% from record: 40%

Euro-USD
Currently: 1.11 — only the strongest dollar since late July 2019
Record USD strength: 0.64 (Feb. 26, 1985)
% from record: 42%

USD-Japanese yen
Currently: 106.47 — only the strongest dollar since March 2018
Record USD strength: 358.44 (Jan. 13, 1971)
% from record: 237%

USD-Chinese yuan
Currently: 7.06 — only the strongest dollar since February 2010
Record USD strength: 8.73 (Jan. 25, 1994)
% from record: 24%


[link to markets.businessinsider.com (secure)]
 Quoting: Anonymous Coward 69538184


A quick glance at the historical US Dollar Index also clearly shows that Trump is lying.


[link to www.marketwatch.com (secure)]
Anonymous Coward
User ID: 47506507
United States
08/30/2019 03:02 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
So I can buy an ounce of gold for $20.67 ?
Anonymous Coward
User ID: 47506507
United States
08/30/2019 03:02 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
So I can buy an ounce of gold for $20.67 ?
Anonymous Coward
User ID: 77962608
United States
08/30/2019 03:07 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Everybody makes mistakes.
Anonymous Coward
User ID: 69765102
08/30/2019 05:34 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Everybody makes mistakes.
 Quoting: Anonymous Coward 77962608


Yes but this is a flat out lie about a very important subject.

No excuses.
Anonymous Coward
User ID: 77960276
United States
08/30/2019 05:37 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Who gives a fuck? He is not in charge of actually coming up with the numbers....
Anonymous Coward
User ID: 35676288
United States
08/30/2019 05:40 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
The Euro is dropping because the RChilds are missing.

As for the Dollar, Trump has the handle of the ex-british owned printing press

so yeah, better than ever.
Anonymous Coward
User ID: 77965462
Australia
08/30/2019 05:41 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
"Our Dollar is now the strongest in history"

What I don't get is why Trump lies about data like this when it is so easily fact checked. In his own mind, do you suppose he actually believes his own fake news?
 Quoting: Anonymous Coward 54864037


He says crazy shit because he LOVES watching libs go nuts.

As long as they are going nuts he can get shit done.
Anonymous Coward
User ID: 75282507
United States
08/30/2019 05:43 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Trump just tweeted:


The Euro is dropping against the Dollar “like crazy,” giving them a big export and manufacturing advantage...and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.


"Our Dollar is now the strongest in history" is flat out fake news.


The president's claims about the greenback's place in history are simply not true. Although one dollar measure maintained by Bloomberg hit its highest level of the year on Tuesday, it's far from the highest reading of all time. In fact, other gauges are dollar strength aren't even close to year-to-date highs.

Here are four data points that show where the US dollar stands against other currencies right now, relative to history. Each one handily dispels the notion that the greenback is at record strength:

US Dollar Index
Currently: 98.19 — only the strongest dollar since early August 2019
Record USD strength: 164.72 (Feb. 25, 1985)
% from record: 40%

Euro-USD
Currently: 1.11 — only the strongest dollar since late July 2019
Record USD strength: 0.64 (Feb. 26, 1985)
% from record: 42%

USD-Japanese yen
Currently: 106.47 — only the strongest dollar since March 2018
Record USD strength: 358.44 (Jan. 13, 1971)
% from record: 237%

USD-Chinese yuan
Currently: 7.06 — only the strongest dollar since February 2010
Record USD strength: 8.73 (Jan. 25, 1994)
% from record: 24%


[link to markets.businessinsider.com (secure)]
 Quoting: Anonymous Coward 69538184


so he is right, the strongest dollar.. all other currencies are collapsing even currencies that were strong against the US dollar in past.
 Quoting: Rosicrucian1 76025956


No, he said "Our Dollar is now the strongest in history", which is false. Look at the data above.

He lied to you.
 Quoting: Anonymous Coward 70798499


The fact that you twats bitch about things like this, makes me wonder what f'ing planet you live on!

WHILE Historic corruption continues to run rampant, because of IDIOTS LIKE YOU, ignoring it!

Imagine if ALL OF THE Dipshit Democrat supporters, woke the Fuk up!
ANNONYMOUS
User ID: 66223473
United States
08/30/2019 05:49 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
5a Come on people you are really hard on him. See what he meant was that it is historically the highest dollar in the last 10 seconds! BWA HA HA
Anonymous Coward
User ID: 58095138
United States
09/04/2019 02:18 PM
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Re: Trump's tweet citing the 'highest dollar in US history' is flat-out wrong.
Dollar continues to slide.


Thread: USD dropping





GLP