Which Assets Are Most Correlated to the USD? Building a well-balanced, diversified portfolio involves including assets with varying correlations. The U.S. dollar (USD), with its weak or negative correlations to other assets, can be a valuable addition to investorsโ portfolios. This graphic, created in partnership with OANDA, illustrates the USDโs correlations with other assets and […]
Iryna Ustenko | Istock | Getty Images The U.S. dollar strengthened against the Mexican peso and other major global currencies overnight as presidential election results came into focus. The greenback gained 2.9% against the Mexican peso, hitting its highest level since 2022. The dollar was also higher against the Swiss franc, Japanese yen and Chinese […]
While there are growing concerns among the Brics bloc of emerging economies over the scope of financial sanctions from the United States, few countries in the grouping seem ready to ditch the US dollar despite Russian President Vladimir Putinโs recent efforts to encourage an alternative system of payment among members. Following an expanded summit for […]