Dollar and U.S. equities rise in tandem

By Staff | March 1, 2013 | Last updated on March 1, 2013
1 min read

The U.S. dollar has shaken off its negative correlation with U.S. equities.

Since the fall of Lehman Brothers, the dollar and equities have moved in the opposite direction to each other, but this year they have both risen, reports FT.com.

Some analysts say the reason for this trend is the perception among investors that the U.S. economy is gaining traction and is outpacing other developed nations.

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Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.