US Dollar Index dropped 5%

Note: This section contains information in English only.
Source: Dukascopy Bank SA

During the last week from March 23 to March 27, the US Dollar Index dropped 5.00%.  

The US Dollar experienced the biggest fall since 2009. The drop was driven by the US government decision to imply $3B worth stimulus in order to help restrain a rout in the US economy caused by the coronavirus outbreak. 

Note that this week the Index has started with slight signs of recovery.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.