2018 is starting out great: new highs on the index. But in real terms and outside of the U.S., the return adjusted for the USD decline is nearly flat. Oil prices are up. Metals are up. All are due to the USD weakness. Expect the USD declining next. Euro: $FXE, Invesco CurrencyShares Euro Currency Trust / H1 CDN$: $FXC, Invesco CurrencyShares Canadian Dollar Trust / H1 USD will rebound. Agree or disagree? Related: volatility will not come back. Hold $XIV. Login now to vote. Join the group of Value Stocks. With 800 members strong. Comment below.