U.S. dollar index falls to lowest level since March 2022
Source Cryptopolitan
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The U.S. dollar index just crashed to 96.17, the weakest it’s been since March 2022, as markets dump the greenback for the fourth straight day.
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The yen just ripped higher, jumping 0.7% to 153.03, after Japan’s Finance Minister said they’re ready to act with U.S. help to stop wild currency swings.
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Emerging market currencies and stocks are rallying hard, with 16 out of 22 FXs climbing and the Nasdaq up 1%, while UnitedHealth’s 19% drop tanked the Dow by over 300 points.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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AUD/USD remains above 0.6900 near 16-month highsAUD/USD holds near its 16-month high of 0.6940, reached in the previous session, currently trading around 0.6920 during the Asian hours on Tuesday. Traders now await the December Consumer Price Index (CPI) data due Wednesday for further clues on the Reserve Bank of Australia’s (RBA) policy outlook.
AUD/USD holds near its 16-month high of 0.6940, reached in the previous session, currently trading around 0.6920 during the Asian hours on Tuesday. Traders now await the December Consumer Price Index (CPI) data due Wednesday for further clues on the Reserve Bank of Australia’s (RBA) policy outlook.
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