Posted November 03, 2019 06:52:57Today’s Dollar Value is $1,636.49, up 1.5% from the previous day and up 7.2% from a week ago.
That’s a huge rise for the dollar.
It also means the S&P 500 index is up 5.3%.
This is the third straight week that the dollar has been above $1.
This week’s increase comes after the market lost over $100 billion last week.
The index was up 5% last week, but is down 8% this week.
For reference, the SACM+ measure of U.S. stocks is up 1%.
The dollar was trading at $1:1.0770 at 1:30 p.m.
It was trading above $2:1 on Thursday and was trading just above $3:1 today.
The Dow Jones Industrial Average was up 18.8 points, or 1.6%, to 20,077.19.
The Nasdaq Composite was up 10.9 points, a gain of more than 4%.