Since January of 2016, the US dollar has gone down 20% or so versus gold. Of course, most major currencies have gone down even more. So we can take it. Kim, if you promise not to nuke us, other than say Chicago or LA, we would be willing to offer you a grain deal at pre-flood prices. Deal?
The US dollar is protected by the central banks, they are not going to let it take a 20% dive in one day.
Yes its gbp/usd value, so if usa turned into a glass floored car park, bad example that would increase the usas value, but yes.