Economics
How the Prolonged Dollar Slide Reshapes the Investment Landscape
- U.S. multinationals outpace small caps as FX turns to tailwind
- Emerging markets, commodities boosted by greenback weakness
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It’s been seven months since the dollar surged to the highest level since at least 2005 -- long enough for the prolonged bout of weakness in the world’s reference currency to reshape the trading landscape.
The reasons behind the dollar’s swoon have been analyzed at length. Here’s a look at how the softer greenback has forced investors in markets from equities to emerging assets and commodities to rewrite their trading theses.