The stocks price drop,the dollar strengthen/up.Why?
Answers:
In a crisis, we typically see a "flight to quality". People provide everything and buy US Treasuries, especially the two-year minute. This take dollars, so the dollar rises. Also, we've see some horrific days contained by European equities, contributing to the flight.
Can't find a 2-year data index on Yahoo, so I contribute you the 10-year. The drop within rate over the later few weeks is a classic flight to competence response to bazaar disruption.
they adjectives get the crap terrified out of them beside the sub prime fiasco.