2022-08-01 23:30
The Dollar Has Been a Problem for Stocks. Now it Could Give Them a Boost.
Updated Aug. 1, 2022 5:50 pm ET / Original Aug. 2, 2022 2:00 am ET Order Reprints Print Article The U.S. dollar has ripped this year—and that is been bad news for many stocks. But the greenback seems poised now to weaken. The U.S. Dollar Index (ticker: DXY) has gained almost 10% this year. One driver has been that the global economy has suffered as a result of high inflation, sending global investors into safe haven assets like the dollar. The other driver has been rising interest rates, which is also causing some economic stress.

https://www.barrons.com/articles/usd-dollar-stock-market-51659386416

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