By SIMON CONSTABLE
The greenback took a swoon this year, and it's affecting your investments. But that's good news for U.S. stocks.
Since the end of last year, the value of the greenback dropped 20 percent. On Dec. 28, 2016, the trade-weighted dollar index versus the major currencies of the world was 96.9, but it steadily fell to 87.1 recently, according to data from the Federal Reserve Bank of St. Louis. And that's even with a small rally in the dollar last week. Read more here.
Photo by Kenny Eliason on Unsplash
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