Top Dollar Tuesday – Indexes Holding Up Well Against Rising Currency
February 07, 2023 at 08:38 AM EST
The Dollar is up 2% since Friday. That means the indexes, which are down about 1.25%, are holding up very well considering they are going against the current. Stocks are priced in Dollars so a stronger Dollar lowers the stock prices almost automatically. This rally was caused by last week’s Non-Farm Payroll Report, which showed […] Source