Through September, the dollar depreciated 13.5% against the euro, 13.9% against the Swiss franc, and 6.4% against the yen, alongside a 5.6% decline versus a basket of major emerging-markets currencies.
I don’t have a ready source, but I understand the stock market rally in the USA is only a rally as the dollar is dropping. Priced in other currencies, the USA stock market is down.
The USA Dollar is dropping rapidly.
https://www.morningstar.com/economy/what-weaker-us-dollar-means-investors-2026-beyond
I don’t have a ready source, but I understand the stock market rally in the USA is only a rally as the dollar is dropping. Priced in other currencies, the USA stock market is down.