Will the U.S. dollar remain as strong in 2023?
STORY: Will the U.S. dollar remain as strong in 2023?
The greenback has seen a breathtaking surge in 2022 - trampling foreign currencies, gouging corporate profits and giving investors one of the year’s few winning trades.
For a time in September the dollar stood at its highest level in nearly two decades.
Rising U.S. yields, the relative strength of the economy, market volatility, surging global inflation, energy price spikes and the war in Ukraine all contributed to the gains.
Getting the dollar right is key for investors, as its trajectory sways everything from corporate earnings to the price of raw materials such as oil and gold.
A strong dollar makes U.S. exporters' products less competitive abroad, while hurting American multinationals looking to bank their foreign earnings.
Commodities become more expensive for foreign companies and governments who borrow in dollars to service their debt.
While a strong greenback can tamp down U.S. consumer prices, it can then exacerbate global inflation.
There are signs that Wall Street’s sentiment on the dollar may be shifting.
Its year-to-date gains have been roughly cut in half, with investors betting the Fed will slow the pace of the rate hikes that initially boosted the dollar.
Longer term, recession worries may take over as a key driver.
Nearly 80% of strategists polled by Reuters now see little scope for dollar upside based on future monetary policy.
相關影片推薦
- 1:18美馬戲團大象逃脫 穿梭車陣民眾驚呼 馬路秒變野生動物園Yahoo奇摩(國際通)31,761 次觀看・1 天前
- 6:11強震來臨這3個縣市最危險 李鴻源曝災防都更因「票房毒藥」難行今天誰來沛244,930 次觀看・1 天前
- 1:53加拿大史上最大黃金盜竊案逮6人 加航「內鬼」偽造空運單 400公斤黃金恐已熔化售出Yahoo奇摩(國際通)37,195 次觀看・1 天前
- 1:13柯建銘質詢一半突喊「我看不到」計時器 透露眼睛病變華視影音8,037 次觀看・1 天前
- 2:02英國女遊台南「喝全糖珍奶」 嚇壞驚呼:天大錯誤華視影音313,805 次觀看・2 天前
- 1:1126歲抗癌網紅因胃癌去世 生命最後5個月沒吃沒喝娛樂星聞59,214 次觀看・2 天前
- 1:15謝和弦不認偷吃陳芳語嗆前妻記錯人!自爆出軌對象是「她」秒遭Keanna打臉娛樂星聞14,095 次觀看・18 小時前
- 23:55台積電法說會登場 投資人關心加碼美國新廠風險 但面對拜登和川普搶當美國保護主義隊長 川普幕僚密謀促貶美元 拜登祭301調查要提高中國商品關稅 台積電等於買了保險|鏡轉全球 #鏡鏡新聞1,055 次觀看・20 小時前
- 1:17情侶吵架「氣到跳車」 女友摔翻滾5圈慘死|#鏡新聞鏡新聞2,402 次觀看・2 天前
- 1:41土耳其「身障狗狗列車」出動 天天載毛孩外出兜風、感受世界風光Yahoo奇摩(國際通)62,862 次觀看・1 天前