DXY Hits 19-Month High: Was the ‘Dollar Is Dying’ Crowd Wrong?

Share

The US dollar reached a 19-month high, supported by expectations of Federal Reserve interest rate hikes. This rebound comes one year after its steepest decline since 1973. The DXY’s performance calls for a reassessment of predictions that the dollar was destined to die. The article examines who bears the consequences of this movement.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items