Strength of Dollar Adds to Downward Pressure on Stocks

The weighted DXY dollar is trading at a 45-week high not seen since two days before Thanksgiving 2022. Overnight dollar advances of 0.9% and 0.8% against the Australian and New Zealand currencies and of 0.5% and 0.4% versus the Swiss franc and Mexican peso dwarf the 0.1% upticks relative to the yen and sterling. The […]