U.S. Dollar Index (DXY)

U.S. Dollar Index (DXY) BofA predicts that the U.S. dollar has the potential to rally to $105.50/$106 in Q1 2024. A stronger U.S. dollar often poses challenges for U.S. stocks. Image: BofA Global Research

U.S. Dollar Strength vs. Frequency of Reported Revenue Beats

U.S. Dollar Strength vs. Frequency of Reported Revenue Beats A weaker U.S. dollar is correlated with more revenue beats, reflecting the potential benefits of currency depreciation on corporate financial outcomes. Image: Goldman Sachs Global Investment Research

EM/DM Relative Performance vs. U.S. Dollar

EM/DM Relative Performance vs. U.S. Dollar The strength of the U.S. dollar can affect the relative performance of EM/DM equities. A weak U.S. dollar has historically led to outperformance of emerging market equities. Image: BofA Global Investment Strategy

U.S. Dollar to Japanese Yen (USD/JPY)

U.S. Dollar to Japanese Yen (USD/JPY) Goldman Sachs has a positive outlook on the USD/JPY currency pair for the next few months, suggesting that the Japanese yen will strengthen against the U.S. dollar. Image: Goldman Sachs Global Investment Research

Euro to U.S. Dollar (EUR/USD)

Euro to U.S. Dollar (EUR/USD) Goldman Sachs has a positive outlook on the EUR/USD currency pair, suggesting that the euro will strengthen against the U.S. dollar. Image: Goldman Sachs Global Investment Research

S&P 500, U.S. 10-Year Yield and U.S. Dollar Index

S&P 500, U.S. 10-Year Yield and U.S. Dollar Index Peaks in the U.S. dollar and U.S. 10-year Treasury yields are seen as essential to catalyze a year-end rally in the S&P 500. Image: BofA Global Research

Total Return Performance of Major Global Financial Assets in U.S. Dollar

Total Return Performance of Major Global Financial Assets in U.S. Dollar During periods of uncertainty and increasing geopolitical tensions, investors frequently seek the safety of gold as a safe-haven asset, which can drive up its price, as was the case in October. Image: Deutsche Bank

Biggest Downside Risk to the U.S. Dollar over the Next 6 Months

Biggest Downside Risk to the U.S. Dollar over the Next 6 Months The U.S. dollar is considered to be most vulnerable to the downside risk of a hard landing scenario, which is widely regarded as the primary concern that could negatively impact its value. Image: BofA Global Research

U.S. Dollar vs. Real Interest Rates

U.S. Dollar vs. Real Interest Rates Higher real interest rate differentials between the United States and the world are generally associated with a stronger U.S. dollar. Image: BCA Research