Why is the dollar rising?

Swiss francs are up, the ruble is down, and the euro is sliding back to levels not seen in over a decade.

So what exactly, makes the value of a currency rise or fall?

The short answer: The price is set minute by minute by traders and investors who make bets on which way the market prices of a currency is headed. But there are more powerful, longer-term forces at work driving those bets.

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