dollar strength
Greenback's purchasing power
Dollar strength refers to the value of the U.S. dollar relative to other currencies.
When the dollar is strong, it buys more foreign currency; when weak, it buys less.
Dollar strength has made European travel cheaper this year.
The term appears frequently in financial news discussing trade, investment, and international purchasing power.
- greenbackUS paper currency
- forexCurrency trading market
- currencyMedium of exchange
- reserve currencyGlobally held foreign tender
- appreciationRecognition of worth
Fed · reserve · index · bullish · exchange · carry trade · rally · surge · hawkish · interest rates · peso · euro · yen · emerging markets · trade · trade deficit · import · export
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