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A strong dollar is major factor contributing to weak gold and oil prices, but that could present a buying opportunity for both gold and oil.
Dec 24, 20140183;32;The Dollars Strength Cuts Both Ways for Investors. MICHELLE PERRY HIGGINS The strength of the dollar is a double edged sword, and it remains to be seen which edge is the sharper. The strong
The dollar has risen sharply in the year to date, causing much concern for investors. Oil and gold stocks are in particular danger.
Google search volume for the question quot;is a strong dollar good or bad?quot; jumped from roughly 876,000 searches on Monday (Feb. 6) to over 2.2 million today. jumped from roughly 876,000 searches on
Gold does trade as a currency sometimes and for the past few weeks it has held a strong inverse correlation to the US Dollar. I think physical demand will ultimately determine the price level, but ultimately it can be a long time when you're trading.
Mar 17, 20170183;32;Recently, Harvard economist Greg Mankiw asked himself the question quot;Is a 'strong dollar' good or bad?quot; Summarizing quot;what the president
A strong dollar can wreak havoc on gold prices, and, by extension, gold stocks. Sam Mattera has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.
On the left side of the chart below, you can see 45 years worth of data that show fairly subdued fluctuations in gold prices in relation to the dollar. On the right side, by contrast, you can see that the strong dollar pushed bullion prices down 6 percent in September, historically golds strongest month.
The terms weak dollar and strong dollar are used in the foreign exchange market to describe the relative strength of the USD against other currencies. A strong U.S. dollar could be bad for
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