In the News
How investors can make the most of a rising dollar
October 21, 2014
MarketWatch.com – The U.S. dollar has been on a tear. In fact, the dollar index (symbol: USDX), which measures the value of the dollar against the euro, Japanese yen, Canadian dollar, British pound, Swedish krona and Swiss franc, closed the third quarter at a four-year high after surging 7.7% in those three months. It was the second-largest quarterly gain for the index since the inception of the euro in 1999, trailing only the 9.6% rise in the third quarter of 2008, when investors rushed to the dollar to seek safe haven during the worst of the global financial crisis.