And so far, the dollar’s decline has been for reasons that are good news for stock-market bulls around the world.
“A weaker dollar will boost earnings in dollar terms,” which is good news for U.S.-based exporters, but dollar weakness also reflects “extra easy financial conditions,” which are bullish for equities both in the U.S. and abroad, including emerging markets, said Zachary Squire, co-founder and chief investment officer at hedge fund Tekmerion Capital Management, in an interview.
https://www.marketwatch.com/story/the-u-s-dollar-is-falling-for-the-right-reasons-and-thats-good-news-for-stocks-11609874436#:~:text=The%20U.S.%20dollar%20fell%20for,new%20year%20gets%20under%20way.&text=And%20so%20far%2C%20the%20dollar's,market%20bulls%20around%20the%20world.