The U.S. dollar hasn’t been this strong in 20 years. Here’s what happened next.

Mark Hulbert

Published: July 15, 2022 at 7:10 a.m. ET

When the euro starts to rally against the dollar, consider these stocks and funds.

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A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly versus the euro. A secondary bold bet is that U.S. stocks will lag international equities.

Dollar weakness would represent a reversal of a trend dating back several years. The U.S. Dollar Index DXY, which reflects the dollar’s strength vis-a-vis a basket of foreign currencies, is 50% higher than where it stood a decade ago — and has risen more than 20% since the beginning of 2021. The dollar’s strength has been especially evident this…

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