The dollar has also
appreciated against a number of the other major currencies, including the pound and Canadian dollar.
Not exact matches
First, it was folly to presume that consumers were rational, at least to the extent that rationality could be reduced to easily articulable features balanced
against price (or
appreciating that round
numbers aren't anything special).
It has fallen only marginally
against the Asian currencies, however, as a
number of Asian central banks have continued to intervene heavily in foreign exchange markets to prevent their currencies from
appreciating against the US dollar.
Multiply this by the
number of cloud service vendors cropping up, and you may begin to
appreciate what we're up
against.