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The dollar trend is not Thematic's friend

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A hawkish Fed and war in Ukraine are key reasons the trade-weighted U.S. dollar index is running up nearly 20% year-over-year. We looked at 52-week correlations of themes to the U.S. dollar index. With high Asia-Pacific exposure, several Tech and "green" themes are among the most negatively correlated to the dollar. Clients can use our ETF Insights report to find dollar sensitivity/exposure.

Ned Davis Research | Thematic | Trend Chart | Weekly

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