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August 6, 2020 "The Dollar Is Heading for Its Worst Month Since 2011. Here's Why That's Good for Your Investments"


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by Mallika Mitra The U.S. dollar is not having a good summer. Down around 9% from its March highs, the greenback looks like it’s on its way to having its worst month in nearly a decade. Sure, that might be bad if you were thinking of booking a vacation abroad, but it could actually be a good thing for your investment portfolio. First off, why is the dollar weakening? The currency was strong for a while, then the pandemic hit and the Fed cut short-term interest rates to near zero.
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