US Dollar Now At a Record Low

By blackhedd

Presented without interpretation: the US dollar has reversed nearly a week of strength and is now trading at more than $1.48 to the euro, an all-time record low. A benchmark crude oil contract traded above $99/barrel earlier this evening before backing off. The Japanese yen has been extremely strong against all major currencies lately. Global markets are now in an extremely unsettled and volatile state, and the US economic outlook remains uncertain.

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US Dollar Now At a Record Low
 
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