Should Investors Cheer or Fear a Weak U.S. Dollar?

January 24, 2018 BY James Paulsen

The trade-weighted U.S. dollar index broke below 90 this morning to a fresh three-year low! This is puzzling for many as dollar weakness coincides with rising U.S. yields (i.e., the 10-year yield also recently broke to a new three-year high) which should improve its investment attractiveness. 

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