Thursday, December 20, 2018 10:26:23 AM
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"
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