With rising rates on the horizon, that should spell bullishness for the U.S. dollar, but ongoing market influences could easily turn that tide. That said, investors can get tactical exposure to the U.S. dollar with a pair of funds from Invesco.
Geopolitical influences are starting to move the dollar as of late. Those same geopolitical forces are also adding a heavy dose of volatility to the stock markets, which is pushing investors to safe haven assets like the dollar.
In particular, the contentious situation at the Russian-Ukrainian border is pushing investors towards the safe confines of the U.S. dollar. As investors closely watch that situation, a flurry of demand for the greenback could result if the situation escalates further.
“A Russian attack could begin any day and would likely start with an air assault, White House national security adviser Jake Sullivan told a media briefing,” a Reuters report said. The dollar had been…