On Tuesday (August 27th), driven by the prospect of an upcoming US interest rate cut, the US dollar index fell to its lowest point in over a year and is expected to record its largest monthly decline
On Monday (August 26th), due to rising geopolitical tensions, the US dollar index rebounded from an 8-month low and ultimately closed down 0.20% at 100.88, boosting market demand for safe haven curren
The US dollar index fell on the 23rd. The US dollar index, which measures the US dollar against six major currencies, fell 0.78% that day and closed at 100.717 at the end of the foreign exchange marke
On Thursday (August 22), the US dollar index broke away from its annual low and expanded its gains during the release of US PMI and existing home sales data, ultimately closing up 0.338% at 101.52.