Originally Posted by
STBCypriot
Sorry to be a wet blanket, but the dollar is not appreciating; other currencies are depreciating makiing the dollar appear to appreciate. It's all relative.
That being said it helps with my daily living expenses as I live in a Euro economy. I'm just waiting for the Euro to tank some more.
Right it's all relative. There is no independent scale on which dollar is climbing or other currencies are declining. Aggregate demand of dollar is increasing because of uncertainty in Europe. Capital is fleeing, even from countries with growing economy, to perceived safe haven.