And economic uncertainty (due to factors like inflation and recession fears and the war in Ukraine) has led investors to flock to safe haven assets like the U.S.
Meanwhile, natural gas prices have been broadly stable in the U.S., where the main trend is instead the continued sharp fall in gasoline prices, he added.Įarlier this year, surging oil prices had hurt growth prospects for some developed countries (especially in Europe) relative to the U.S. Recently, soaring natural gas prices have contributed to an "increasingly bleak" economic outlook in Europe, Hunter said. The central bank has been more aggressive than others around the world in increasing borrowing costs the dynamic creates an incentive for international investors to keep funds in dollar-based assets since they can generally earn a higher return, Hunter said. Federal Reserve's campaign to raise interest rates. Perhaps the most consequential is the U.S. The strength of the dollar is attributable to a few factors, Hunter said. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower
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