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US Dollar Slinks to Another 32-Month Low and Several Central Banks Leave Interest Rates As Is

From currencythoughts.com

The DXY trade-weighted dollar index fell below 90 to as low as 89.79. Overnight losses occurred across of broad cross-section of key bilateral dollar relationships amounting to 0.9% versus the kiwi, 0.8% relative to sterling, 0.7% versus the Australian dollar, 0.5% against the yen and euro, 0.3% vis-a-vis the Canadian dollar, and 0.2% versus the Swiss franc. The lameduck U.S. Treasury belatedly released an updated Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. This reported made news in that two countries — Switzerland and Vietnam — were slapped with the designation of ... (full story)

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  • Category: Fundamental Analysis