July 18, 2023: Currency, Metals and US Stocks Performance Review

The US dollar stumbles near its lowest level in a year. The dollar index hovers near its lowest levels in over a year on Tuesday as investors await new catalysts to determine whether the dollar will continue its decline following last week’s inflation report, which came in milder than expected. The dollar index, which measures

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July 12, 2023: Currencies, Stocks, and Oil Market Wrap

The dollar fell ahead of US inflation data. The dollar fell, hitting a two-month low on Wednesday, July 12, against other major currencies ahead of the release of US inflation data, while the British pound rose to a 15-month high on expectations that the Bank of England will continue to raise interest rates. USD/JPY: The yen

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