Market Analysis: Economic concerns drive the US dollar lower, potentially breaking below the 100 level.

On March 11, Jinshi data news, today, the economic anxiety in the United States pushed the dollar to a five-month low against a basket of major currencies. The dollar index fell to its lowest level since mid-October, falling 0.5% to 103.329 at one point. Brad Becher, an analyst at JFruy, told clients, 'We know the routine here, US concerns make us (the dollar) fall to 100, inflation concerns make us rise back to 108.'

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NoChargeOnTheDayvip
· 03-11 13:53
On March 11, Jin Ten Data reported that today, anxiety over the U.S. economy has driven the dollar down to a five-month low against a basket of major currencies. The dollar index hit its lowest level since mid-October, briefly falling 0.5% to 103.329. Jefferies analyst Brad Bechtel told clients: "We know the pattern here, concerns about U.S. growth have taken us (the dollar index) down to 100, and inflation concerns have pushed us back up to 108."
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RidaMadacivip
· 03-11 13:51
The bull market is at its peak 🐂
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