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Thread: why dollar is rising?
#1
why dollar is rising?
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#2
It only means that its value is increasing against other trading currencies.
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#3
The U.S. dollar was on fire Thursday, extending gains a day after an unexpected shift in the Federal Reserve's inflation and interest-rate outlook and raising doubts about the consensus view for a weaker currency in 2021.Originally Posted by Mr. Cid
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#4
A lot factors namely Grexit, Yen/EUR weakness, EU QE program , safe heaven demands, good NFP results, unemployment drop, and general technical levels.
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#5
The dollar has continued to increase its value despite the pandemic because European countries struggle to handle the pandemic situation.
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#6
I Think the answer is fluctuation!
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#7
It has a strong economy that attracts more investment from the other countries.
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#8
One of the reasons behind the spike in the US dollar is high US bond yields. The second one is the performance of the US economy has improved a lot.
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#9
It has also an increase in investment particularly from the other countries.
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#10
Yeah, most of their money has been invested in a different part of the world.
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