Market Extra: The stock market’s wall of worry is absolutely flattening the U.S. dollar

The U.S. dollar is in decline, and that could have far-reaching implications for Wall Street, at a time when concerns about geopolitical tensions, anemic inflation, meteorological and geological phenomena, and lofty valuations in stocks and bonds seem to be reaching crescendo.

And that names just a few of the factors that are ostensibly weighing on market sentiment and taking a toll on the world’s reserve currency.

Indeed, the ICE U.S. Dollar Index, which gauges the greenback’s strength against a basket of six currencies with a heavy tilt against Europe’s euro EURUSD, +0.1081% is down 11.5% since reaching 103.21 on Jan.

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