美元指数不光跟股票相关与石油也相关.The dollar is springing to action today after marginal moves the day after the election. And it has potential ripple effects across stocks and commodities. JPMorgan analysts say the dollar impact could move oil by a margin of at least 5% in the month after the election. Add the possibility of a huge stimulus package in a potential Blue Wave, or the possibility of a contested election, and the impact could be as much as 10-15% in either direction. The inverse correlation between the dollar and the S&P 500 is at multi-year highs, making today’s greenback retreat a massive boon for stocks. Meanwhile, dollar weakness is already playing into intraday moves for gold, copper, and oil.
A Biden win was expected to weaken the dollar. But given the results are still trickling out the race has yet to be called, the dollar could be due for some price swings -- as is every other asset class that responds to it.
A Biden win was expected to weaken the dollar. But given the results are still trickling out the race has yet to be called, the dollar could be due for some price swings -- as is every other asset class that responds to it.