Is the U.S. Dollar a Safe Haven?
June 10, 2022 - Currency Trading
A subscriber asked whether the U.S. dollar is a safe haven from the U.S. stock market. One way to address the question is to repeat the tests used in “Best Safe Haven ETF?” on Invesco DB US Dollar Index Bullish Fund (UUP). Specifically, we look at: Contemporaneous UUP return correlation with the S&P 500 Index… Keep Reading