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Why the US dollar is rising so fast

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Despite global economic woes, one positive aspect for main street America has been the relatively rapid rise of the US dollar in the last 3 months. The dollar index (DXY), a measure of the greenback against a trade-weighted basket of six major currencies, has strengthened by over 20% in this time. However, the question is will this trend continue? To answer this, one must look at the current factors driving the US dollar.


andys's picture
10 weeks 4 days ago – Made popular 10 weeks 4 days ago
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The dollar is rising so fast

donnyg16 10 weeks 1 day 10 hours 57 min ago

The dollar is rising so fast because commodity prices are on a dramatic decline

Commodity prices are in

andys 9 weeks 6 days 13 hours 46 min ago

Commodity prices are in decline because of current and expected global weakness. The dollar is just exacerbating the fall in prices.

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