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Dollar Hits 4-Year Low—How It Could Impact Your Wallet and Financial Plans
['Peter Gratton', 'Ph.D.', 'Is A New Orleans-Based Editor', 'Professor With Over Years Of Experience In Investing', 'Risk Management', 'Public Policy. Peter Began Covering Markets At Multex', 'Reuters', 'Has Expanded His Coverage To Include Investments', 'Ethics', 'Public Policy']
Investopedia | Expert Financial Advice and Markets News
A Dollar ShortThe dollar weakens when global investors and foreign central banks question the stability of U.S. dollar-denominated assets, and a volatile cocktail of factors set off the recent slide.
A weaker dollar means the vast majority of imported goods would become even more expensive.
A weaker dollar means the vast majority of imported goods would become even more expensive.
: You can allocate part of your portfolio to foreign stocks and bonds in stable economies with strong currencies.
A weaker dollar chips away at all of that.