Dollar - The InCAP

On Tuesday, the US dollar remained close to a 15-month low compared to other major currencies, as investors were eagerly anticipating new developments to assess potential downsides following last week's unexpectedly lower US inflation. The US dollar index, which gauges the greenback against a basket of six currencies, dropped to as low as 99.587, staying near Friday's low of 99.574, the lowest since April 2022.

Dollar Nears 15-Month Low, Slipping in Latest Market Turmoil

The InCAP Desk - July 19, 2023 0

On Tuesday, the US dollar remained close to a 15-month low compared to other major currencies, as investors were eagerly anticipating new developments to...