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Apr
Apr
Dollar Weakness Sparks Fears of Global Currency War as Central Banks Consider Intervention
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News Editor / 6 months
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- 2 min read
The U.S. dollar’s sustained 12-month decline against major currencies has reached a critical inflection point that may force unprecedented coordinated action from global central banks, according to analysis from the Bank for International Settlements. The U.S. Dollar Index (DXY) has plunged 18% from its 2024 high, sinking to 92.3 this week – marking its most […]
