Imagine that when the value of the digital currency in your hands fluctuates overnight with the exchange rate fluctuations, would you feel your heart beating faster, as if you were in an unknown adventure? The recent market dynamics are quietly weaving such a "thriller" in the financial world.
🔥 The US dollar index breaks through 130, and the euro and pound sterling both plunge?
As of October 17, the US dollar index climbed to a high of 103.62, the first breakthrough in nearly 11 weeks! At the same time, the euro fell to 1.0856 against the US dollar, and has fallen by 2.55% in October; the pound sterling against the US dollar is even worse, falling below the 1.30 mark and now at 1.2984, a drop of 2.88%. Behind this, is it the shadow of the European Central Bank's interest rate cut expectations, or is it another strong return of the US dollar hegemony?