Alexander Tziamalis, Senior Lecturer in Economics, Sheffield Hallam University, and Yuan Wang, Senior Lecturer in Economics, Sheffield Hallam University.____ The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen. ...Read More: 5 Ways That the Super-Strong US Dollar Could Hurt the World Economy