The Strong Dollar Is Scaring Foreign Economies. Here Are the 3 Reasons.

Small economies are scared to even more than large ones.

The year 2022 is shaping up to be a successful year for the US dollar. The euro to dollar rate has fallen this year from $1.14 to $1.02. This represents a drop of over 10%. This represents a drop of more than 10%. Earlier this year, we even reached parity (1 dollar = 1 euro).

So the question many people are asking is: why is the US dollar doing so well t…