Which Investments Benefit From a Weaker Dollar?
“Since late March the U.S. dollar has fallen almost 10% against a basket of other currencies around the globe. Some of this selloff may have to do with the fact that the dollar shot up so much at the outset of the crisis, as people saw the dollar as a safe haven.
But some investors are now wondering if this is a sign of a long-term trend reversal. The dollar has been rising steadily since the end of the Great Recession as the U.S. has been seen by many as the cleanest shirt in a dirty laundry hamper.” Continue reading.
Source: A Wealth of Common Sense
2-minute read.