King Dollar rules the FX heap as virus threatens global growth

King Dollar rules the FX heap as virus threatens global growth

From reuters.com

A powerful surge in the dollar threatens to magnify the pain for companies and nations already struggling with the economic fallout of the coronavirus. The U.S. dollar index has jumped 3.5% this year, taking the greenback to its highest level since 2017 and making it the best performer of all global currencies year-to-date. The rally is being fueled by investors pouring money into U.S. stocks and bonds amid expectations that the country will be less vulnerable to the economic fallout from the coronavirus, which already threatens to dent China’s growth rate and push Japan and the eurozone into recession. Investors ... (full story)

That's it, NASDAQ topped out peak

with a shooting star monthly candlestick -- It's a beginning of a new era. At last.

all you pink-glassed, peak buyers and never too late to invest dip-buyers can eat trash

Great going China. The world thanks you so much for your "live markets". What a great gift.

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