Financials Take the Hit From Dollar Comments

[video_player type=”youtube” youtube_remove_logo=”Y” width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS9KeVBPWFJTT2w0SQ==[/video_player]

Stocks opened in negative territory, losing steam throughout the session ahead of a busy week of corporate earnings. Equities fell on Brexit commentary from UK Prime Minister Theresa May and on a plunging U.S. dollar after Trump talked tough amid the recent strength. The dollar fell after an interview with The Wall Street Journal late last week, Donald Trump said the U.S. currency has gotten “too strong.” Trump said dollar strong especially considering the China’s is “dropping like a rock.”…said “our companies can’t compete with them now because our currency is too strong…and it’s killing us”. Today the Volatility Index (VIX) jumped over 7% after reaching its lowest level since July 2014 on Friday. Financials led the S&P 500 lower, the recent market leaders, led the decline as investors fled to Bonds driving yields lower. This is the opportunity I’ll be looking for this week…

More from TheoTrade

Friday, November 13, 2026 – Tony’s Pre-Market Playbook

How Rising Oil Crushes Gold Miners

Count The Dollars Before Trusting A Bounce

Why Wednesday’s Rebound Didn’t Surprise Me

Thursday, November 12, 2026 – Tony’s Pre-Market Playbook

Anthropic IPO and Semiconductor Shorts

Most Recent

Friday, November 13, 2026 – Tony’s Pre-Market Playbook
How Rising Oil Crushes Gold Miners
Count The Dollars Before Trusting A Bounce
Why Wednesday’s Rebound Didn’t Surprise Me
Thursday, November 12, 2026 – Tony’s Pre-Market Playbook

Get educational market insights sent right to your inbox.

As Seen In