this decline in stock, how will it affect US dollar?
RE: Dow Dropped 800 since last post.
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Dow Dropped 800 since last post.
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Pay attention to 10Y , when yield moves up, it puts pressure on stocks...... people will take money out of stocks into bonds or cash,, which in a way to help the dollar..
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ok, thanks!
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It's the other way around, the dollar is affecting stocks, Bond rates are inching up. Making the dollar rise. Making leverage in the stock market more expensive. When the dollar rises due to higher interest rates. I makes assets cheaper as a general rule. Your house, stocks etc get cheaper.
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