New Low

  • US Dollar Index Falls to New Low amid Economic Uncertainty

    According to the report, the market showed that the US dollar index DXY fell 104 and fell 0.35% to 103.85, a new low since February 21. The dollar index DXY closed at 103.85, a new low since February 21 Analysis based on this information:The US dollar has hit a new low in the market index, with a fall of 0.35%, taking the value of the US dollar index DXY to 103.85. This significant drop in value suggests the growing economic uncertainty in the US market. The US dollar index DXY is an important benchmark for currency trading and is widely used by investors and analysts to monitor the value of the US dollar against a basket of other currencies, including the euro, yen, and pound sterling. The downward trend of the US dollar index DXY can be attributed to several factors, including the ongoing COVID-19 pandemic, increasing geopolitical tensions, and the mounting pressure on the US economy. The global economy…

    03/13/2023
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