Strengthening of the dollar threatens the financial stability

A representative of the Bank for International Settlements said, that there are risks of strengthening of the US dollar for the global financial system.
Head of BIS research department noted that the dollar replaced the CBOE Volatility Index as an indicator for risk appetite.
According to him, the appetite for risk decreases as the strengthening of the dollar. Shin also claims that the strong dollar is not beneficial to anyone.
Strengthening of the US dollar led to a disproportion between the interest rates on the market.
On Tuesday, the dollar index exceeded 100 points, but later dropped.
On the US dollar exchange rate today will affect the performance of 6 Fed members at various events.