This has been the driver of
dollar strength since the elections, and it remains to be seen how much of this is «buy the rumor, sell the fact.»
Not exact matches
The
strength in the
dollar in the years
since can partially be traced back to the fact Canada didn't cut rates as deep as others within the G7.
Broad
dollar strength and a rout in commodity prices have seen the ringgit tumble to levels not seen
since the Asian Financial Crisis, making it the region's Asia's worst - performing currency with losses exceeding 9 percent year - to - date.
Take a look at the disconnect between the
strength of the U.S.
dollar v. the Japanese yen and flows into currency hedged funds
since April 2014.
The
strength of the
dollar relative to the euro and yen has often been cited as a key factor in gold's weakness
since last September.
The U.S.
dollar index, which measures the greenback's
strength against a basket of six major currencies, was up 0.67 % to 92.24 by 10:21 AM ET (14:21 GMT), the highest level
since January 11.
Honored guest chefs, Chris Cosentino, Rick Moonen, Bryan Voltaggio, Susan Feniger, and Trevor Bird, along with world class Pinot Noirs producers, selected by the organization's wine chair, Daryl Groom, lent their talents to raise serious funds for Share our
Strength and local Sonoma County charities and organizations, topping Pigs & Pinot's total charitable funds raised
since the event's inception to over one million
dollars.
Take a look at the disconnect between the
strength of the U.S.
dollar v. the Japanese yen and flows into currency hedged funds
since April 2014.
But this shouldn't be a huge surprise — we've seen regular occurrences of growth - led
dollar strength over the past 3 - 4 decades,
since the US has more aggressively adopted its global growth engine role.
There may be some risk to holding a large amount of assets in foreign currencies,
since you are still dependent on the
strength of the Canadian
dollar when you receive dividends or sell the assets.