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How A Stronger Dollar Impacts The US Economy
Tuesday, October 16, 2018 - 4:28pm | 1287The U.S. Dollar Index, which measures the value of the U.S. dollar against a basket of foreign currencies, has gained about 3.2 percent year-to-date through Oct. 11. This is where the greenback stands year-to-date against other major currencies: Euro: +3.4 percent Pound: +2.1 percent...
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Equity Investors Should Be Paying Attention To What The Foreign Exchange Market Is Saying
Monday, July 3, 2017 - 8:00am | 327The foreign exchange market has a dire warning for equity market: the low U.S. dollar is accompanied with heavy volatility. From a historical point of view, a lower U.S. dollar is seen as a positive for multinational companies as they prepare their products to be sold in dollars and can then sell...
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Go-Go Days For Gold ETFs
Wednesday, May 18, 2016 - 2:38pm | 559The SPDR Gold Trust (ETF) (NYSE: GLD) and the iShares Gold Trust(ETF) (NYSE: IAU) are each up more than 20 percent this year. Not only that, but the two gold exchange-traded funds are raking in new assets at a fevered pace. Gold's Golden Promises GLD, the world's largest gold ETF, has seen $8.1...
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How To Stick With Emerging Markets If The Dollar Rebounds
Wednesday, May 18, 2016 - 1:19pm | 518No, it is not a coincidence. The U.S. Dollar Index is down 4.6 percent year-to-date and the MSCI Emerging Markets Index is slightly higher. With the greenback's slide now spanning multiple months, some currency market participants are expecting the dollar to rebound. If that scenario comes to...
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Gold and The US Dollar
Monday, April 26, 2010 - 4:12pm | 182The gold: US dollar relationship is not always dollar down and gold up or dollar up and gold down. If Euros are being used to buy gold, which is what we are told, if the gold seller dumps the Euros and buys dollars, the dollar goes up, the Euro goes down, and gold goes up. So gold and the dollar...