Why the Stock Market Hates a Strong Dollar
★ SUMMARY ★
I want to share with why the market hates a strong dollar, and what you really need to know about dollar movement…
How Dollar Plays into Stock Market
You need to understand how the dollar plays into the stock market.
The stock market has a lot of companies that deal 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 business internationally. As the stock market goes up in terms of a strong dollar, business becomes more expensive and business and pricing exchange become more difficult overseas.
Posted at: http://tradersfly.com/2014/10/market-hates-strong-dollar/
★ SHARE THIS VIDEO ★
★ SUBSCRIBE TO MY YOUTUBE: ★
http://bit.ly/addtradersfly
★ ABOUT TRADERSFLY ★
TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing.
Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better.
Stock trading and investing is a long journey – it doesn’t happen overnight. If you are interested to share some insight or contribute to the community we’d love to have you subscribe and join us!
FREE 15 DAY TRIAL TO THE CRITICAL CHARTS
— http://bit.ly/charts15
GET THE NEWSLETTER
— http://bit.ly/stocknewsletter
STOCK TRADING COURSES:
— http://tradersfly.com/courses/
STOCK TRADING BOOKS:
— http://tradersfly.com/books/
WEBSITES:
— http://rise2learn.com
— http://criticalcharts.com
— http://investinghelpdesk.com
— http://tradersfly.com
— http://backstageincome.com
— http://sashaevdakov.com
SOCIAL MEDIA:
— http://twitter.com/criticalcharts/
— http://facebook.com/criticalcharts/
MY YOUTUBE CHANNELS:
— TradersFly: http://bit.ly/tradersfly
— BackstageIncome: http://bit.ly/backstageincome
source
