# Dollar

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# Dollar Collapsing?
The greenback is experiencing a major global selloff as macro conditions shift overnight.
The U.S. Dollar Index officially surrendered its multi-week stronghold, crashing to an intraday low of 98.95. This rapid descent follows major weekend developments regarding a potential geopolitical breakthrough.
Traders are aggressively rotating out of cash as risk appetite sweeps across global trading desks.
🔹 Trump signaled massive progress on a memorandum of understanding with Iran.
🔹 Brent crude tumbled over 5% toward $97 a barrel on easing supply anxiety.
🔹 Lower energy price
USIDX-0.11%
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strong_man:
To The Moon 🌕
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The U.S. Dollar Index (DXY) surpassed 99 on March 3, marking its highest level since January 20.
The index experienced a daily increase of 0.45%.
#Dollar
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