Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

While the tax plan and high stock valuations get all the press and media attention, another important factor has been swept under the rug. And that’s the rapidly declining dollar.

Despite several bullish trends that should be pushing the currency higher, the dollar has continued to weaken versus rivals. This drop has some pretty big investment implications for our portfolios.

In the end, the fate of the dollar is something that can’t be ignored. For investors, taking advantage of the drop is key to getting through the quarters ahead.

Discover U.S. dollar ETFs here.

A Pronounced Drop

By all measures, the U.S. dollar should be surging on a wave of bullishness. Several factors that have historically pushed up the greenback versus other currencies are currently trending in the dollar’s favor.

For one thing, the strength of the economy should be boosting the dollar. Recent economic gains and revisions to GDP estimates for the United States are all pointing higher and, in that, investors have typically jumped into the dollar with both feet. At the same time, fiscal stimulus – courtesy of the recent tax cuts – should be adding fuel to the rising dollar fire. Add in the low unemployment levels and the economy is very supportive of the currency.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Texas Instruments Incorporated Increases Dividend by 24.19%

Each day, companies and funds across the globe announce upcoming dividend payouts. In our ...

News

Royal Bank of Canada Leads 54 Securities Going Ex-Dividend This Week

There are 54 securities going ex-dividend this week starting Monday, October 22nd. For income...

Premium Bear%20market%20picture
News

Market Wrap for October 19: The Bear Starts to Roar

At this point, it shouldn’t come as a surprise that volatility is back in a major way.

Last week,...