The Dollar Jumps and the Euro Slips under $1.03
Marc Chandler
July 05, 2022
Overview: The dollar is soaring today, and the euro
is trading at new 22-year lows having traded below $1.03. Even a 50 bp hike by
the Reserve Bank of Australia has failed to prevent a sharp drop in the
Australian dollar. The session seemed to have begun off well enough. Japan,
South Korean, Taiwan, Australian, and Indian shares advanced in the As…
The Dollar Jumps and the Euro Slips under $1.03
Reviewed by Marc Chandler
on
July 05, 2022
Rating:
