New Overnight Developments Abroad - Daily Update
Corrective Dollar Move Extended
July 19, 2022
The weighted DXY dollar index slid another 0.8% overnight to a 2-week low and is 2.6% below its recent multi-decade peak. Dollar losses since Monday’s close equal or exceed 1.0% relative to the euro, Swiss franc, Australian dollar, New Zealand dollar and especially the Russian ruble (-5.8%). The dollar also lost 0.6% versus sterling and […] More
