greenback
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
One place investors have found safety: the greenback.
But currencies usually regarded as even safer in a crisis fell against the greenback: The Swiss franc was down 0.5% at the same time, the yen off 0.3% and gold down 4%.
First is a shift by investors into “real” assets as a hedge against a weaker greenback, geopolitical risk and inflation risk, he says.
Gold, Treasury bonds and the greenback also rallied in the wake of the attack on Iran over the weekend.
Rising oil prices in response to the conflict also lifted the greenback.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.