Stronger Dollar a Theme in 2022?

As the Issue with Inflation gets ready to drop (11/30) next week, the Luckbox team is putting together its annual Issue with Predictions to follow up. One question will be, “What lies ahead for the U.S. Dollar?”

The dollar has strengthened in value of late—as evidenced by a rally in the U.S. dollar index (DXY)—but that strength has yet to materialize in the USD/RMB exchange rate.

Currencies’ Future

Most traders don’t pay much attention to foreign currencies or their value relative to the dollar. But everything that’s traded has a dollar component. Whether it’s gold, crude or soybeans, traders buy and sell them priced in dollars. That’s why rises and falls in the value of the dollar can have a direct impact on … Continued