MGIC Investment Corp. (MTG)

[tommiegun54]

DXY DROPS TO 96.49, ONE MONTH LOW/MORTGAGE RATES FALL ALSO

Investors convert foreign currency to US DOLLARS to invest in US TREASURY INSTRUMENTS, which drives the price higher. There are many other reasons to buy DOLLARS.

https://www.marketwatch.com/investing/index/dxy

Generally, DROPS in the USD is associated with higher STOCK prices.

"Why does the dollar go up when the stock market goes down?
A country's currency can become more valuable in relation to the rest of the world in two ways: when the amount of currency units available in the world market place is reduced (i.e., when the Fed increases interest rates and causes a reduction in spending), or by an increase in the demand for that particular currency.Apr 3, 2018"