| A stronger dollar may actually bode further weakness. The greenback has been on a tear lately, jumping more than 6% in the past four weeks to reach its highest level since January against a trade-weighted basket of currencies. Politicians may like to talk up a "strong dollar," but investors know that in fact a rising currency can be a head wind for economic growth and a drag on corporate earnings.
Moreover, sharp upward moves in the dollar tend to happen during periods of financial turmoil, as a side effect of the global flight-to-safety trade..............................................Full Article: Source
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