Dollar's popping. Uh, oh I-fund

tsptalk

Moderator
Staff member
Uh, oh I-fund. The dollar's up big...

122019b.gif
 
The I-fund may be the TSP fund most affected by the higher-than-expected jobs report today. The high job numbers are extending expectations of the current Fed rate fund, which has led to a gap up in the dollar against other currencies, and that tends to put pressure on EFA, the ETF we follow for the I-fund performance.

EFA is down around 0.8% thirty minutes after the opening bell while the S&P 500 (C-fund) has snapped back up from its early losses.

The Dollar Index

dllr.jpg


EFA (I-fund)

if.jpg
 
Back
Top