The U.S. Dollar Is Showing Strength As A Safe Haven Asset

Investors have had an insatiable appetite for US dollars this year. According to the Wall Street Journal’s dollar index, which measures the greenback against a basket of some of the world’s top currencies, the dollar is its strongest for over a decade. One dollar will buy you the greatest amount of Japanese yen since the early 1990s. The pound recently collapsed to its lowest level against the dollar in nearly 40 years. Pound has tumbled to historic lows against US dollar this year… Source: CNBC While Wall Street has suffered…