Archive for January 4th, 2022

New Overnight Developments Abroad - Daily Update

Dollar Climbed 0.9% against Yen and to a Two-Week DXY Weighted High

January 4, 2022

Although steady overnight against the euro, Swissie, loonie, yuan, and Australian dollar, the greenback advanced 0.3% against its DXY weighted index, mainly reflecting a 0.9% advance to a 5-year high of 116.35 yen per dollar. The dollar’s buoyancy to within a half percent of its 52-week high mirrors the advance of U.S. long-term interest rates. […] More