As U.S. markets were closed to mark the Labor Day holiday, the dollar index surged to a new three-decade high.

This is a reminder that the dollar index is a relative, rather than an absolute, price—that is, it measures the value of the dollar relative to other currencies. But this also signals that while the U.S. is likely to outperform other countries in most global macroeconomic scenarios for the year ahead, policymakers and market participants still need to keep a close eye on what’s going on elsewhere in the world, as global events will have a meaningful impact on the overall well-being of the United States.


Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including and

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2022 ALM Global, LLC. All Rights Reserved.