Markets.News
In September, global markets typically experience a seasonal slump, affecting assets such as stocks, bonds, and gold. The UUP ETF has declined by almost 10% year-to-date. Despite this trend, the U.S. dollar historically stands out as it tends to perform well during this period. Investors are currently shifting towards cash as a safer option. While the SPDR S&P 500 ETF Trust has seen an average 1% decrease in September over the years, and gold has dropped by an average of 1.81% during the month in the past decade, the U.S. Dollar Index (DXY) has consistently shown strength. Will the dollar rebound in September? The full article is available for more insights.