How Dollar Plays into the Stock Market
You need to understand how the dollar plays into the stock market.
The stock market has a lot of companies that deal with business internationally. The U.S. dollar is typically used as a ‘safe haven’ or reserve currency for these international countries.
If their currency begins to go bad, they may stockpile more of our currency – they are always watching the U.S. dollar. Our currency is considered the ‘place to be’ and is very stable.
The U.S. dollar is used as a safe haven to companies that deal with business internationally. As the stock market goes up in terms of a strong dollar, business becomes more expensive and business and pricing exchange becomes more difficult overseas.
#stockmarket #tradingstocks #strongdollar #tradingdollar #stocktrading
Posted at: https://tradersfly.com/blog/why-the-market-hates-a-strong-dollar/
? Newsletter & Announcements : https://tradersfly.com/go/tube/
? Discord Group: https://tradersfly.com/go/discord/
? Freebies: https://tradersfly.com/go/freebies/
? Start Here: https://tradersfly.com/go/start/
? Options Basics: https://tradersfly.com/go/start-options/
ONE-ON-ONE COACHING & MENTORING :::
? Coaching: https://tradersfly.com/go/coaching/
? Options Mentoring (4+ Months) https://tradersfly.com/go/mentoring/
PRODUCTS ::::
? Courses: https://tradersfly.com/go/courses/
? Books: https://tradersfly.com/go/books/
? My Tools: https://tradersfly.com/go/tools/
? My Equipment https://backstageincome.com/go/computergear/
? SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/
? MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
CriticalCharts: https://tradersfly.com/go/criticalcharts/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/
? WEBSITES:
https://criticalcharts.com
? SOCIAL MEDIA:
https://tradersfly.com/go/twitter/
https://tradersfly.com/go/facebook/
? MY YOUTUBE CHANNELS:
TradersFly: https://backstageincome.com/go/youtube-tradersfly/
BackstageIncome: https://backstageincome.com/go/youtube-bsi/
MyLittleNestEgg: https://mylittlenestegg.com/go/youtube/
? ABOUT TRADERSFLY
Tradesfly is focused on me sharing my experience and knowledge about trading options. Although we include videos related to other areas of trading, the primary focus is trading options. If you are serious about learning to trade options for selling premium, creating spreads, be sure to subscribe to the channel and join our discord group.
? DISCLAIMER
All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.