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Yesterday, I saw an interesting move in forex. The U.S. dollar index rose quite a bit—up 0.56%, closing the day at 99.316. It looks like the dollar has decided to take revenge on основные валюты.
Евро fell noticeably, from 1.1625 to 1.1583 per dollar. Британец also didn’t hold up— the pound slid from 1.3351 to 1.3328. The yen weakened as well; the dollar index showed strength: the rate climbed to 157.77 from 157.15. Франк швейцарский also gave up ground, from 0.78 to 0.7827.
Meanwhile, канадец and шведская крона also fell against the dollar. CAD dropped to 1.3697, and SEK to 9.2657. Overall, the day was clearly in favor of американская валюта. The dollar index clearly picked up momentum amid the overall weakening of its competitors.