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  • 2 years ago
Dollar hits 1-month low
Transcript
00:00 In the meantime, the dollar fell to a one-month low against major currencies due to a drop
00:04 in U.S. Treasury yields.
00:06 However, it regained some ground as the euro weakened following weak economic data.
00:12 The dollar index rose slightly, but analysts believe it could remain strong due to weakness
00:18 in the eurozone economy.
00:19 The dollar also weakened against the yen, which is sensitive to changes in U.S. bond
00:24 yields.
00:25 U.S. GDP data and central bank decisions are expected to impact currency markets.
00:31 The pound rose slightly, while Bitcoin reached its highest level since May 2022 on speculation
00:38 of an upcoming exchange-traded Bitcoin fund.
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