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Dollar 'Opening Red'! Strongly Surges to 98.93, Which Currencies Are Falling?
At the start of the new year, the US dollar made a strong debut. In yesterday's (January 9) foreign exchange market trading, the dollar index continued its strong momentum, rising 0.26% to close at 98.936 points, demonstrating sustained resilience since the beginning of the year.
As the dollar strengthened, major non-US currencies generally came under pressure. The euro fell to 1.1650 against the dollar, slightly declining from the previous day; the pound also weakened, closing at 1.3431 USD. The safe-haven Japanese yen failed to resist the dollar's advance, with the USD/JPY rising to 156.97, approaching recent highs.
Additionally, the Swiss franc, Canadian dollar, and Swedish krona all experienced varying degrees of decline against the dollar. Notably, the USD/SEK rise was more pronounced, closing at 9.2246, reflecting ongoing market preference for dollar-denominated assets.
Analysts point out that the dollar's strong start to the year is driven by the relatively solid fundamentals of the US economy, as well as increased risk-averse sentiment amid global market volatility. Future movements will still need to closely monitor signals from the Federal Reserve and changes in international economic data.
In the short term, if the dollar maintains its current momentum, it may further test key psychological levels. With heightened volatility in the foreign exchange market, investors are advised to closely monitor cross-exchange rate changes and adjust strategies accordingly. $BTC $ETH $XRP #MSCI暂不排除数字资产财库公司
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