💥 U.S. DOLLAR INDEX CRASHES TO LOWEST SINCE FEBRUARY 2022
📉 DXY Plunges to 97.48 — Down 10.1% in
🔍 Key Highlights:
📅 Lowest Since: Feb 2022
📉 Current Level: 97.48
📉 Yearly Drop: 10.1%
🧠 What’s Driving the Decline?
🔄 Dovish Fed Policies
🌍 Shift Away from USD Globally
💹 Rising Inflationary Pressures
🌐 Market Impact:
✅ U.S. exports more competitive
❌ Higher import costs
💰 Potential pressure on consumer spending
🔔 What’s Next?
Investors await upcoming Federal Reserve announcements and economic data to gauge the future trajectory of the dollar.
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