Logical Analysis Report
Key Focus
- In addition, a majority of cross-border financing and international trade are conducted in dollars.
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals, citing increases in the nation's deficit and dwindling savings.
The lecturer said during CNBC's "Trading Nation" on Monday that the rise of China and the decoupling of the U.S. from its trade partners is setting the stage for a dramatic weakening of the U.S. currency in the next few years that is likely to end the supremacy of the monetary unit as the world's reserve currency.
"The dollar is going to fall very, very sharply," he told the business network.
Roach's comments follow similarly themed op-ed that he wrote in Bloomberg last week, in which he specifically declared that the "era of the U.S. dollar's 'exorbitant privilege'as the world's primary reserve currency is coming to an end.
In that article, the economist said that the U.S. economy is already "stressed" by the impact of the COVID-19 pandemic, and suggested that the recession that has gripped the U.S. in February amid the public health crisis will only amplify the dollar's woes.
The finance expert said that the rest of the "world is having serious doubts about the once widely accepted presumption of American exceptionalism."
On Monday, Roach said that the U.S.'s fiscal deficit, as the government expends trillions of dollars, in an effort to mitigate the harm from COVID-19, may only make matters worse for bucks.
Meanwhile, Roach says that China's currency, the yuan USDCNY, USDCNH, -0.01%, may garner increasing appeal from investors, as Beijing goes through a phase of structural reforms that could shift the country's manufacturing-heavy economy to one focused more on services and one with greater consumer-led growth.
Roach makes the case that although a weaker dollar, sometimes favored by President Donald Trump, would benefit U.S. exports in the short term, it would prove more problematic over the longer term.
One measure of the buck, the ICE U.S. Dollar Index DXY, -0.36%, has been weakening over the past 30 days, down 3.9% but is up slightly on the year, rising 0.1%, according to FactSet data.
The index measures the buck against a basket of six rival currencies, including the euro EURUSD, +0.00%, the pound GBPUSD, -0.00% and the yen USDJPY, -0.12%.
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts denominated in dollars - In the past, he has said that China's yuan USDCNY, CNHUSD, 0.01 may be viewed as increasingly appealing to investors, but that view is contingent on China following through with structural reforms the country is undergoing from a manufacturing-heavy economy to one focused more on services.
One measure of the buck, the ICE U.S. Dollar Index DXY, -0.36%, has been weakening over the past 30 days, down 2.9%, but is up slightly on the year, rising 0.7%, according to FactSet data.
The index measures the buck against a basket of six rival currencies, including the euro EURUSD, +0.00%, the pound GBPUSD, -0.00% and the yen USDJPY, -0.12%.
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts denominated in dollars - Since 2000, coinciding approximately with China's joining of the World Trade Organization, the correlation has been -0.35, Schulze said.
Meanwhile, the important thing to remember is that any currency's performance reflects what market participants think of the prospects of a particular economy versus others.
"A weaker dollar doesn't necessarily reflect a weak U.S. economy but reflects a stronger global economy on a relative basis," Schulze told MarketWatch in an interview - However, stocks have done just fine during recent dollar bull markets, which have reflected the strength of the U.S. economy relative to the rest of the world.
And a weaker dollar isn't necessarily good for stocks if it reflects big problems on the domestic front.
This past week, the dollar and equities both lost ground, with the currency failing to get much of a safe-haven lift from a flare-up in U.S.-China tensions
To understand how to read this report, please click here
Knowledge Graph(Read more)
Complex Event Analysis(Read more)
Downloads
Download HLA/Excerpt table in CSV format
Download HLA relevancy table in CSV format
High Level Topics
DOLLARECONOMYWEAKERGLOBALHigh Level Abstractions
DOLLAR(11, 0 Order)( DOLLAR )(11, 0 Order) top( DOLLAR, WEAKER )(6, 1st Order) top( DOLLAR, WEAKER, ECONOMY )(4, 2nd Order) top( DOLLAR, WEAKER, DOLLARS )(2, 2nd Order) top( DOLLAR, WEAKER, CHINA )(3, 2nd Order) top( DOLLAR, WEAKER, STOCK )(3, 2nd Order) top( DOLLAR, WEAKER, SPX )(3, 2nd Order) top( DOLLAR, WEAKER, INVESTORS )(3, 2nd Order) top( DOLLAR, WEAKER, ICE_U )(3, 2nd Order) top( DOLLAR, WEAKER, YEN )(2, 2nd Order) top( DOLLAR, WEAKER, USDCNY )(2, 2nd Order) top( DOLLAR, WEAKER, TRADE )(1, 2nd Order) top( DOLLAR, WEAKER, SERVICES )(2, 2nd Order) top( DOLLAR, ECONOMY )(6, 1st Order) top( DOLLAR, ECONOMY, CHINA )(3, 2nd Order) top( DOLLAR, ECONOMY, DOLLARS )(2, 2nd Order) top( DOLLAR, ECONOMY, ROACH )(2, 2nd Order) top( DOLLAR, ECONOMY, ECONOMIST )(2, 2nd Order) top( DOLLAR, ECONOMY, YEN )(2, 2nd Order) top( DOLLAR, ECONOMY, WARNING )(2, 2nd Order) top( DOLLAR, ECONOMY, USDCNY )(2, 2nd Order) top( DOLLAR, ECONOMY, TRADE )(1, 2nd Order) top( DOLLAR, ECONOMY, STOCK )(2, 2nd Order) top( DOLLAR, ECONOMY, SPX )(2, 2nd Order) top( DOLLAR, DOLLARS )(3, 1st Order) top( DOLLAR, DEFICIT )(2, 1st Order) top( DOLLAR, CHINA )(3, 1st Order) top( DOLLAR, ROACH )(3, 1st Order) top( DOLLAR, INVESTORS )(5, 1st Order) top( DOLLAR, INVESTORS, DOLLARS )(3, 2nd Order) top( DOLLAR, INVESTORS, CHINA )(2, 2nd Order) top( DOLLAR, INVESTORS, ROACH )(2, 2nd Order) top( DOLLAR, INVESTORS, EURO )(4, 2nd Order) top( DOLLAR, INVESTORS, ECONOMY )(3, 2nd Order) top( DOLLAR, INVESTORS, YEN )(2, 2nd Order) top( DOLLAR, INVESTORS, USDCNY )(2, 2nd Order) top( DOLLAR, INVESTORS, TRADE )(1, 2nd Order) top( DOLLAR, INVESTORS, STOCK )(2, 2nd Order) top( DOLLAR, INVESTORS, SPX )(2, 2nd Order) top( DOLLAR, STOCK )(3, 1st Order) top( DOLLAR, SPX )(3, 1st Order) top( DOLLAR, SAVINGS )(2, 1st Order) top( DOLLAR, ICE_U )(3, 1st Order) top( DOLLAR, EURO )(5, 1st Order) top( DOLLAR, EURO, DOLLARS )(3, 2nd Order) top( DOLLAR, EURO, CHINA )(2, 2nd Order) top( DOLLAR, EURO, WEAKER )(2, 2nd Order) top( DOLLAR, EURO, ROACH )(2, 2nd Order) top( DOLLAR, EURO, ECONOMY )(3, 2nd Order) top( DOLLAR, EURO, YEN )(2, 2nd Order) top( DOLLAR, EURO, USDCNY )(2, 2nd Order) top( DOLLAR, EURO, TRADE )(2, 2nd Order) top( DOLLAR, EURO, STOCK )(2, 2nd Order) top( DOLLAR, EURO, SPX )(2, 2nd Order) topECONOMY(8, 0 Order)( ECONOMY )(8, 0 Order) top( ECONOMY, DOLLARS )(3, 1st Order) top( ECONOMY, CHINA )(3, 1st Order) top( ECONOMY, WEAKER )(4, 1st Order) top( ECONOMY, ROACH )(3, 1st Order) top( ECONOMY, TRADE )(2, 1st Order) top( ECONOMY, GLOBAL )(4, 1st Order) top( ECONOMY, ECONOMIST )(2, 1st Order) top( ECONOMY, YEN )(2, 1st Order) top( ECONOMY, WARNING )(2, 1st Order) top( ECONOMY, USDCNY )(2, 1st Order) top( ECONOMY, STOCK )(2, 1st Order) topWEAKER(6, 0 Order)( WEAKER )(6, 0 Order) top( WEAKER, CHINA )(3, 1st Order) top( WEAKER, DOLLARS )(2, 1st Order) top( WEAKER, STOCK )(3, 1st Order) top( WEAKER, SPX )(3, 1st Order) top( WEAKER, INVESTORS )(3, 1st Order) top( WEAKER, ICE_U )(3, 1st Order) top( WEAKER, YEN )(2, 1st Order) top( WEAKER, USDCNY )(2, 1st Order) top( WEAKER, TRADE )(1, 1st Order) top( WEAKER, SERVICES )(2, 1st Order) topGLOBAL(4, 0 Order)( GLOBAL )(4, 0 Order) topReferences- ( DOLLAR ) top
- ( DOLLAR, WEAKER ) top
- ( DOLLAR, WEAKER, ECONOMY ) top
- (Read more) topHowever, stocks have done just fine during recent dollar bull markets, which have reflected the strength of the U.S. economy relative to the rest of the world.
And a weaker dollar isn't necessarily good for stocks if it reflects big problems on the domestic front.
This past week, the dollar and equities both... - (Read more) top
Meanwhile, the important thing to remember is that any currency's performance reflects what market participants think of the prospects of a particular economy versus others.
"A weaker dollar doesn't necessarily reflect a weak U.S. economy but reflects a stronger global economy on a relative basis," Schulze told MarketWatch in an... - (Read more) top ... USDCNY, CNHUSD, 0.01 may be viewed as increasingly appealing to investors, but that view is contingent on China following through with structural reforms the country is undergoing from a manufacturing-heavy economy to one focused more on services.
One measure of the buck, the ICE U.S. Dollar Index DXY, -0.36%, has been weakening over the past 30 days, down 2.9%, but is up slightly on the... - (Read more) top
In that article, the economist said that the U.S. economy is already "stressed" by the impact of the COVID-19 pandemic, and suggested that the recession that has gripped the U.S. in February amid the public health crisis will only amplify the... - ( DOLLAR, WEAKER, DOLLARS ) top
- (Read more) top
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts denominated in dollars. - (Read more) top In addition, a majority of cross-border financing and international trade are conducted in dollars.
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. The prominent economist says that the era of the U.S. buck may be coming to an end... - ( DOLLAR, WEAKER, CHINA ) top
- (Read more) top Since 2000, coinciding approximately with China's joining of the World Trade Organization, the correlation has been -0.35, Schulze said.
Meanwhile, the important thing to remember is that any currency's performance reflects what market... - (Read more) top In the past, he has said that China's yuan USDCNY, CNHUSD, 0.01 may be viewed as increasingly appealing to investors, but that view is contingent on China following through with structural reforms the country is undergoing from a manufacturing-heavy...
- (Read more) top
The lecturer said during CNBC's "Trading Nation" on Monday that the rise of China and the decoupling of the U.S. from its trade partners is setting the stage for a dramatic weakening of the U.S. currency in the next few years that is likely to end the supremacy of... - ( DOLLAR, WEAKER, STOCK ) top
- (Read more) top
That comes after hitting a more-than-three-year intraday high on March 22 just shy of 103, a day before the S&P 500 stock index SPX, -0.61% hit its low during the worst of the coronavirus pandemic - (Read more) top
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts denominated in dollars - ( DOLLAR, WEAKER, SPX ) top
- (Read more) top
That comes after hitting a more-than-three-year intraday high on March 22 just shy of 103, a day before the S&P 500 stock index SPX, -0.61% hit its low during the worst of the coronavirus pandemic. - (Read more) top
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts denominated in dollars. - ( DOLLAR, WEAKER, INVESTORS ) top
- (Read more) top
The takeaway is that "a weaker dollar is confirmation that global investors feel the worst of the COVID crisis has passed and validates the rally in equities off the March lows," Colas said - (Read more) top In the past, he has said that China's yuan USDCNY, CNHUSD, 0.01 may be viewed as increasingly appealing to investors, but that view is contingent on China following through with structural reforms the country is undergoing from a manufacturing-heavy economy to one focused more on services.
One measure of the... - (Read more) top
Meanwhile, Roach says that China's currency, the yuan USDCNY, USDCNH, -0.01%, may garner increasing appeal from investors, as Beijing goes through a phase of structural reforms that could shift the country's manufacturing-heavy economy to one focused more on services and one with greater consumer-led growth.
Roach... - ( DOLLAR, WEAKER, ICE_U ) top
- (Read more) top
The ICE U.S. Dollar Index DXY, -0.36%, a measure of the currency against a basket of six major rivals fell 1.6% in the past week, touching a 22-month low Friday below 94.40, according to FactSet.
That comes after... - (Read more) top
One measure of the buck, the ICE U.S. Dollar Index DXY, -0.36%, has been weakening over the past 30 days, down 2.9%, but is up slightly on the year, rising 0.7%, according to FactSet data.
The index measures the buck against a basket of... - (Read more) top
One measure of the buck, the ICE U.S. Dollar Index DXY, -0.36%, has been weakening over the past 30 days, down 3.9% but is up slightly on the year, rising 0.1%, according to FactSet data.
The index measures the buck against a basket of... - ( DOLLAR, WEAKER, YEN ) top
- (Read more) top
The index measures the buck against a basket of six rival currencies, including the euro EURUSD, +0.00%, the pound GBPUSD, -0.00% and the yen USDJPY, -0.12%.
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts... - (Read more) top
The index measures the buck against a basket of six rival currencies, including the euro EURUSD, +0.00%, the pound GBPUSD, -0.00% and the yen USDJPY, -0.12%.
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts... - ( DOLLAR, WEAKER, USDCNY ) top
- (Read more) top In the past, he has said that China's yuan USDCNY, CNHUSD, 0.01 may be viewed as increasingly appealing to investors, but that view is contingent on China following through with structural reforms the country is undergoing from a manufacturing-heavy economy...
- (Read more) top
Meanwhile, Roach says that China's currency, the yuan USDCNY, USDCNH, -0.01%, may garner increasing appeal from investors, as Beijing goes through a phase of structural reforms that could shift the country's manufacturing-heavy economy to one focused more on services... - ( DOLLAR, WEAKER, TRADE ) top
- (Read more) top In addition, a majority of cross-border financing and international trade are conducted in dollars.
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. The prominent economist says that the era of the... - ( DOLLAR, WEAKER, SERVICES ) top
- (Read more) top ... increasingly appealing to investors, but that view is contingent on China following through with structural reforms the country is undergoing from a manufacturing-heavy economy to one focused more on services.
One measure of the buck, the ICE U.S. Dollar Index DXY, -0.36%, has been weakening over the past 30 days, down 2.9%, but is up slightly on the year, rising 0.7%, according to FactSet... - (Read more) top ... USDCNY, USDCNH, -0.01%, may garner increasing appeal from investors, as Beijing goes through a phase of structural reforms that could shift the country's manufacturing-heavy economy to one focused more on services and one with greater consumer-led growth.
Roach makes the case that although a weaker dollar, sometimes favored by President Donald Trump, would benefit U.S. exports in the short term,... - ( DOLLAR, ECONOMY ) top
- ( DOLLAR, ECONOMY, CHINA ) top
- (Read more) topSee ( DOLLAR , WEAKER , CHINA )
- ( DOLLAR, ECONOMY, DOLLARS ) top
- (Read more) topSee ( DOLLAR , WEAKER , DOLLARS )
- ( DOLLAR, ECONOMY, ROACH ) top
- (Read more) top
Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp deterioration of the U.S. dollar could be a very near-term phenomenon,... - (Read more) top
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35%... - ( DOLLAR, ECONOMY, ECONOMIST ) top
- (Read more) top
"I do think it's something that happens sooner rather than later," the economist told MarketWatch during a Monday-afternoon interview.
His comments come as the financial expert has been warning for weeks of an epic downturn of the buck that could signal the end of the hegemony... - (Read more) top
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals, citing increases in the nation's deficit... - ( DOLLAR, ECONOMY, YEN ) top
- (Read more) topSee ( DOLLAR , WEAKER , YEN )
- ( DOLLAR, ECONOMY, WARNING ) top
- (Read more) top
His comments come as the financial expert has been warning for weeks of an epic downturn of the buck that could signal the end of the hegemony of the greenback as a reserve currency - (Read more) top
Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman, has a warning for U.S. The prominent economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals,... - ( DOLLAR, ECONOMY, USDCNY ) top
- (Read more) topSee ( DOLLAR , WEAKER , USDCNY )
- ( DOLLAR, ECONOMY, TRADE ) top
- (Read more) topSee ( DOLLAR , WEAKER , TRADE )
- ( DOLLAR, ECONOMY, STOCK ) top
- (Read more) topSee ( DOLLAR , WEAKER , STOCK )
- ( DOLLAR, ECONOMY, SPX ) top
- (Read more) topSee ( DOLLAR , WEAKER , SPX )
- ( DOLLAR, DOLLARS ) top
- (Read more) top
Fear may be justified "if they are unprepared and not hedged and have not thought about what some of the options are take advantage," he said, pointing to the euro as a possible alternative to dollars for currency buyers. - (Read more) topSee ( DOLLAR , WEAKER , DOLLARS )
- ( DOLLAR, DEFICIT ) top
- (Read more) top
Roach is calling for the dollar to soon decline 35% against its major rivals, citing increases in the nation's deficit and dwindling savings.
"This massive shift to fiscal stimulus is going to blow out the national savings rates and the current-account deficit," he told MarketWatch, reiterating comments... - (Read more) top ... economist says that the era of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals, citing increases in the nation's deficit and dwindling savings.
The lecturer said during CNBC's "Trading Nation" on Monday that the rise of China and the decoupling of the U.S. from its trade partners is setting the... - ( DOLLAR, CHINA ) top
- (Read more) topSee ( DOLLAR , WEAKER , CHINA )
- ( DOLLAR, ROACH ) top
- (Read more) topSee ( DOLLAR , ECONOMY , ROACH )
- (Read more) top
Asked if investors should be fearful of a downturn of the dollar, Roach said that this wouldn't be the first time the dollar has slumped meaningfully, and that "fear is a question of context."
Fear may be justified "if they are unprepared and not hedged... - ( DOLLAR, INVESTORS ) top
- ( DOLLAR, INVESTORS, DOLLARS ) top
- (Read more) topSee ( DOLLAR , DOLLARS )
- (Read more) topSee ( DOLLAR , WEAKER , DOLLARS )
- ( DOLLAR, INVESTORS, CHINA ) top
- (Read more) topSee ( DOLLAR , WEAKER , CHINA )
- ( DOLLAR, INVESTORS, ROACH ) top
- (Read more) topSee ( DOLLAR , ROACH )
- (Read more) topSee ( DOLLAR , ECONOMY , ROACH )
- ( DOLLAR, INVESTORS, EURO ) top
- (Read more) top This may be a sign that investors are beginning to view the euro through a different lens, possibly considering it as the next safe-haven currency, said Paresh Upadhyaya, director of currency strategy at Amundi Pioneer, in an interview.
The case for U.S.... - (Read more) top
Fear may be justified "if they are unprepared and not hedged and have not thought about what some of the options are take advantage," he said, pointing to the euro as a possible alternative to dollars for currency buyers. - (Read more) top
The index measures the buck against a basket of six rival currencies, including the euro EURUSD, +0.00%, the pound GBPUSD, -0.00% and the yen USDJPY, -0.12%.
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA,... - (Read more) top
The index measures the buck against a basket of six rival currencies, including the euro EURUSD, +0.00%, the pound GBPUSD, -0.00% and the yen USDJPY, -0.12%.
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA,... - ( DOLLAR, INVESTORS, ECONOMY ) top
- (Read more) top
"Far from being destabilizing for global markets and economy, those episodes were quite positive for growth," he said, noting the inverse link between the dollar and global economic growth has existed for most of the era of free-floating exchange rates since... - (Read more) topSee ( DOLLAR , WEAKER , ECONOMY )
- ( DOLLAR, INVESTORS, YEN ) top
- (Read more) topSee ( DOLLAR , WEAKER , YEN )
- ( DOLLAR, INVESTORS, USDCNY ) top
- (Read more) topSee ( DOLLAR , WEAKER , USDCNY )
- ( DOLLAR, INVESTORS, TRADE ) top
- (Read more) topSee ( DOLLAR , WEAKER , TRADE )
- ( DOLLAR, INVESTORS, STOCK ) top
- (Read more) topSee ( DOLLAR , WEAKER , STOCK )
- ( DOLLAR, INVESTORS, SPX ) top
- (Read more) topSee ( DOLLAR , WEAKER , SPX )
- ( DOLLAR, STOCK ) top
- (Read more) topSee ( DOLLAR , WEAKER , STOCK )
- ( DOLLAR, SPX ) top
- (Read more) topSee ( DOLLAR , WEAKER , SPX )
- ( DOLLAR, SAVINGS ) top
- (Read more) top
Roach is calling for the dollar to soon decline 35% against its major rivals, citing increases in the nation's deficit and dwindling savings.
"This massive shift to fiscal stimulus is going to blow out the national savings rates and the current-account deficit," he told MarketWatch, reiterating comments he has previously made in interviews and... - (Read more) top ... of the U.S. buck may be coming to an end and is forecasting a 35% decline soon in the U.S. currency against its major rivals, citing increases in the nation's deficit and dwindling savings.
The lecturer said during CNBC's "Trading Nation" on Monday that the rise of China and the decoupling of the U.S. from its trade partners is setting the stage for a dramatic weakening... - ( DOLLAR, ICE_U ) top
- (Read more) topSee ( DOLLAR , WEAKER , ICE_U )
- ( DOLLAR, EURO ) top
- ( DOLLAR, EURO, DOLLARS ) top
- (Read more) topSee ( DOLLAR , DOLLARS )
- (Read more) topSee ( DOLLAR , WEAKER , DOLLARS )
- ( DOLLAR, EURO, CHINA ) top
- (Read more) topSee ( DOLLAR , WEAKER , CHINA )
- ( DOLLAR, EURO, WEAKER ) top
- (Read more) top
A weaker dollar has implications for assets and the stock market, including the Dow Jones Industrial Average DJIA, -0.68% and S&P 500 index SPX, -0.61%, with most debts denominated in dollars - (Read more) top
Roach makes the case that although a weaker dollar, sometimes favored by President Donald Trump, would benefit U.S. exports in the short term, it would prove more problematic over the longer term.
One measure of the buck, the ICE U.S. Dollar Index DXY,... - ( DOLLAR, EURO, ROACH ) top
- (Read more) topSee ( DOLLAR , ROACH )
- (Read more) topSee ( DOLLAR , ECONOMY , ROACH )
- ( DOLLAR, EURO, ECONOMY ) top
- (Read more) topSee ( DOLLAR , INVESTORS , ECONOMY )
- (Read more) topSee ( DOLLAR , WEAKER , ECONOMY )
- ( DOLLAR, EURO, YEN ) top
- (Read more) topSee ( DOLLAR , WEAKER , YEN )
- ( DOLLAR, EURO, USDCNY ) top
- (Read more) topSee ( DOLLAR , WEAKER , USDCNY )
- ( DOLLAR, EURO, TRADE ) top
- (Read more) top ... aggressive in delivering monetary stimulus. The euro EURUSD, +0.00%, which stands at a roughly 19% weighting versus the dollar in the tradeweighted index, has soared, rising 1.8% in the past week to trade at a 10-month high above $1.16.
Indeed, the strengthening euro, which is up 3.6% in July, continued to rally even as U.S. and global equities ended the week on a down note - (Read more) topSee ( DOLLAR , WEAKER , TRADE )
- ( DOLLAR, EURO, STOCK ) top
- (Read more) topSee ( DOLLAR , WEAKER , STOCK )
- ( DOLLAR, EURO, SPX ) top
- (Read more) topSee ( DOLLAR , WEAKER , SPX )
- ( ECONOMY ) top
- ( ECONOMY, DOLLARS ) top
- (Read more) topSee ( DOLLAR , WEAKER , DOLLARS )
- (Read more) topIn addition, a majority of cross-border financing and international trade are conducted in dollars.
Worries about the global economy have traditionally encouraged buying of dollars along with other havens because of the perception of the U.S. as a stable economy and currency.
Roach, however,... - ( ECONOMY, CHINA ) top
- (Read more) topSee ( DOLLAR , WEAKER , CHINA )
- ( ECONOMY, WEAKER ) top
- (Read more) top
And a weaker dollar isn't necessarily good for stocks if it reflects big problems on the domestic front.
This past week, the dollar and equities both lost ground, with the currency failing to get much... - (Read more) top
"A weaker dollar doesn't necessarily reflect a weak U.S. economy but reflects a stronger global economy on a relative basis," Schulze told MarketWatch in an interview - (Read more) topSee ( DOLLAR , EURO , WEAKER )
- ( ECONOMY, ROACH ) top
- (Read more) topSee ( DOLLAR , ECONOMY , ROACH )
- (Read more) top
n a COVID era everything unfolds at warp speed," Roach told MarketWatch on Monday. He pointed to the contraction of the U.S. economy from an employment rate that was hovering around a 50-year low at around 3.5% near the start of 2020 to one that... - ( ECONOMY, TRADE ) top
- (Read more) topSee ( DOLLAR , WEAKER , TRADE )
- (Read more) topIn addition, a majority of cross-border financing and international trade are conducted in dollars.
Worries about the global economy have traditionally encouraged buying of dollars along with other havens because of the perception of the U.S. as a stable economy... - ( ECONOMY, GLOBAL ) top
- (Read more) top
"A weaker dollar doesn't necessarily reflect a weak U.S. economy but reflects a stronger global economy on a relative basis," Schulze told MarketWatch in an interview. - (Read more) top
"Far from being destabilizing for global markets and economy, those episodes were quite positive for growth," he said, noting the inverse link between the dollar and global economic growth has existed for most of the era of free-floating... - (Read more) top an event that would ripple through global financial markets.
n a COVID era everything unfolds at warp speed," Roach told MarketWatch on Monday - (Read more) top
Worries about the global economy have traditionally encouraged buying of dollars along with other havens because of the perception of the U.S. as a stable economy and currency.
Roach, however, says that growing... - ( ECONOMY, ECONOMIST ) top
- (Read more) topSee ( DOLLAR , ECONOMY , ECONOMIST )
- ( ECONOMY, YEN ) top
- (Read more) topSee ( DOLLAR , WEAKER , YEN )
- ( ECONOMY, WARNING ) top
- (Read more) topSee ( DOLLAR , ECONOMY , WARNING )
- ( ECONOMY, USDCNY ) top
- (Read more) topSee ( DOLLAR , WEAKER , USDCNY )
- ( ECONOMY, STOCK ) top
- (Read more) topSee ( DOLLAR , WEAKER , STOCK )
- ( WEAKER ) top
- ( WEAKER, CHINA ) top
- (Read more) topSee ( DOLLAR , WEAKER , CHINA )
- ( WEAKER, DOLLARS ) top
- (Read more) topSee ( DOLLAR , WEAKER , DOLLARS )
- ( WEAKER, STOCK ) top
- (Read more) topSee ( DOLLAR , WEAKER , STOCK )
- ( WEAKER, SPX ) top
- (Read more) topSee ( DOLLAR , WEAKER , SPX )
- ( WEAKER, INVESTORS ) top
- (Read more) topSee ( DOLLAR , WEAKER , INVESTORS )
- ( WEAKER, ICE_U ) top
- (Read more) topSee ( DOLLAR , WEAKER , ICE_U )
- ( WEAKER, YEN ) top
- (Read more) topSee ( DOLLAR , WEAKER , YEN )
- ( WEAKER, USDCNY ) top
- (Read more) topSee ( DOLLAR , WEAKER , USDCNY )
- ( WEAKER, TRADE ) top
- (Read more) topSee ( DOLLAR , WEAKER , TRADE )
- ( WEAKER, SERVICES ) top
- (Read more) topSee ( DOLLAR , WEAKER , SERVICES )
- ( GLOBAL ) top
- (Read more) top ... soared, rising 1.8% in the past week to trade at a 10-month high above $1.16.
Indeed, the strengthening euro, which is up 3.6% in July, continued to rally even as U.S. and global equities ended the week on a down note. This may be a sign that investors are beginning to view the euro through a different lens, possibly considering it as the next safe-haven currency, said Paresh Upadhyaya,...
- (Read more) topIt has since fallen more than 5%.
The takeaway is that "a weaker dollar is confirmation that global investors feel the worst of the COVID crisis has passed and validates the rally in equities off the March lows," Colas said
- (Read more) top ... as the financial expert has been warning for weeks of an epic downturn of the buck that could signal the end of the hegemony of the greenback as a reserve currency. an event that would ripple through global financial markets.
n a COVID era everything unfolds at warp speed," Roach told MarketWatch on Monday
- (Read more) topIn addition, a majority of cross-border financing and international trade are conducted in dollars.
Worries about the global economy have traditionally encouraged buying of dollars along with other havens because of the perception of the U.S. as a stable economy and currency.
Roach, however, says that growing...