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Trump's election win is making the dollar stronger

Nov 12, 2024
It started picking up strength as soon as betting markets indicated he was winning.
The dollar started rising most recently in late September, around the same time betting markets started to anticipate a Trump victory.
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This earnings season, corporations are paying attention to the U.S. dollar

Oct 21, 2024
The dollar's value has been stabilizing in recent months. That could help companies' profits in the near future.
U.S. dollar value can shape overseas sales for many major companies.
Tomohiro Ohsumi/Getty Images

What's behind the rising value of the U.S. dollar?

Oct 9, 2024
Last week, the DXY index — which tracks the value of the dollar against other major currencies — rose more than 2%, the most in two years.
In terms of the greenback's current value, "it’s a world everyone can live with. It’s not too strong and it’s not too weak,"  said Jonas Goltermann, deputy chief markets economist at Capital Economics. 
Ernesto Benavides/AFP via Getty Images

Why investors backed away from carry trades this week

Aug 9, 2024
Investors are reminded why its risky to invest with borrowed money. Subscribe to get the "Make Me Smart" newsletter every Friday!
Richard A. Brooks/ AFP via Getty Images
Richard A. Brooks/ AFP via Getty Images

The high stakes trade that can move entire currencies 

May 16, 2024
The “currency carry trade” is one way investors chase returns by moving their money from one country to another, and it can move currency markets. It’s emblematic of the power of interest rates to slosh money around the globe, and it may be growing. 
Currency carry trade is a particular type of bet that investors make when they think they can earn more money in one country than in another.
Kazuhiro Nogi/APF via Getty Images

Why the U.S. isn’t concerned that Japan might act to prop up its currency

Sep 20, 2023
The U.S. isn’t usually thrilled when a country intervenes in its own currency. But boosting the yen is likely to help Japan’s economy, which could help the U.S. in turn.
If the yen jumps around too much, anyone that wants to trade with Japan might hold off.
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What would happen if paper money became obsolete?

Apr 21, 2023
A large number of Americans have gone cashless, but many still have to rely on it.
Cash is still here to stay.
OZAN KOSE/AFP via Getty Images

The dollar's value has been slipping over the past few months

Jan 2, 2023
The currency's dip could be due to the prospect of a weakened U.S. economy in 2023.
The value of the dollar has dipped as the economic outlook for the U.S. has soured.
Justin Sullivan/Getty Images

How a stronger dollar weakens economies abroad

Sep 8, 2022
Countries that import commodities priced in U.S. dollars, like oil, are paying a lot more. So are nations that have dollar-denominated loans.
If the value of the dollar climbs against a currency like the Mexican peso, Mexico's debt payments increase.
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