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
- 1:44「阿姨 妳拿我的雞腿幹嘛」 抓包婦人偷雞腿TVBS新聞網影音51,801 次觀看・15 小時前
- 2:41日本90年代奇葩真人秀 諧星被迫全裸關房間逾一年 20年後紀錄片回顧創傷歷程Yahoo奇摩(國際通)20,602 次觀看・22 小時前
- 2:21花9千網購買到假貨 利菁PO文揭兩步驟追款華視影音27,229 次觀看・12 小時前
- 1:0672歲李立群曬照慶祝生日 33歲女兒李元元罕見出鏡娛樂星聞8,359 次觀看・9 小時前
- 1:4131歲接家業! 殷琪婚姻兩度觸礁又未婚生子民視影音457,943 次觀看・1 天前
- 1:35已婚男帶女子住高檔摩鐵 突然猝死妻錯愕|#鏡新聞鏡新聞3,209 次觀看・11 小時前
- 1:28兒媳搶家產 打人 還趕公公出門? 竹北紅布條引熱議東森新聞影音90,652 次觀看・15 小時前
- 1:18具荷拉鉅額遺產媽媽拿不到! 判決出爐網友狂讚:遲來的正義娛樂星聞421,687 次觀看・4 天前
- 1:24志效綜藝玩哏「子瑜道歉事件」引眾怒 陶晶瑩不忍發聲:快變冷凍水餃娛樂星聞11,245 次觀看・16 小時前
- 6:04你有斗內過YouTuber嗎? 2023年YouTuber贊助排行榜公開Yahoo創作摩人47,726 次觀看・1 個月前