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What's the U.S. dollar doing? Because of currency translation, Intl. funds also go up when the dollar gets cheaper, and down when the dollar appreciates.
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I guess I should have checked the charts. This
this chart shows the exact opposite happening. . If the Euro is typical of intl currencies it appears intl funds are outperforming even as a strengthening dollar reduces their (currency translated) gains. I still think the dollar will continue to decline over the long term, as long as we run deficits. But these year has not supported that theory.