With Markets in Disarray, International Investors Are Stockpiling US Dollars

Foreign investors selling stocks and bonds are hoarding the US dollar as market volatility picks up. Typically investors repatriate cash into their local currency, but not this time. US capital flow data show the foreign cash pile of dollars is close to records as investors reduce risky assets in portfolios and hang on to the … Read more

Emerging-Markets Currencies Stay Strong Despite Dollar’s Rise

A strong US dollar isn’t driving emerging-markets currencies into a tailspin. That is unusual. Returns on emerging-markets currencies are higher than on those from developed economies since January, according to data compiled by Barclays. The WSJ Dollar Index, which measures the US dollar against a basket of currencies, is up nearly 6% year to date, … Read more