Archive for May 18th, 2021

New Overnight Developments Abroad - Daily Update

Dollar Slides to Lowest Level Since Early January

May 18, 2021

The weighted DXY dollar index fell 0.4%, penetrating the key 90.00 threshold and touching an intra-day low of 89.75 versus a 52-week trough of 89.21. Bilateral dollar losses overnight totaled 0.6% against the Swiss franc and kiwi, 0.5% relative to the euro and sterling, 0.4% versus the Australian dollar, 0.3% vis-a-vis the loonie and yuan, […] More

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