Yen, EUR, GBP, CHF are all soaring against the hapless US dollar.
Gold too, I shouldn't leave it out.
As I said earlier, there are no fresh catalysts apart from what has already been posted.
Also as I said earlier:
- Markets are now incorporating the risk to Fed independence into their tariff worries.
The US dollar index, DXY, traded under 100 for the first time since July 2023.
