U.S. Dollar Bulls Are Back: What It Might Mean For Stocks
The U.S. dollar index (/DX) is strong. Since early May, the /DX has climbed 5.30%. Potential catalysts for this rally include Brexit and the ensuing global uncertainty, and demand for safe-haven investments. Additionally, last week’s June labor report renewed talk that the Federal Reserve might sneak in a rate hike in 2016 after all. “Uncertainty […]