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U.S. Dollar Moves Below $100, Other Currencies Playing Catchup

U.S. Dollar Moves Below $100, Other Currencies Playing Catchup

Released Friday, 14th July 2023
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U.S. Dollar Moves Below $100, Other Currencies Playing Catchup

U.S. Dollar Moves Below $100, Other Currencies Playing Catchup

U.S. Dollar Moves Below $100, Other Currencies Playing Catchup

U.S. Dollar Moves Below $100, Other Currencies Playing Catchup

Friday, 14th July 2023
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The U.S. Dollar price moved lower today below the $100 level. Over the last month, there has been an accumulation of short betting. How is the U.S. Dollar impacted by this week's inflation data like the CPI and PPI? Other currencies are playing catchup. Federal Reserve's Waller called for two more interest rate increases. Scott Bauer says that the market is relying on being close to the terminal rate.


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Schwab Network

A stock market news podcast and educational program available to stream without a subscription. Get real-time insights, commentary from CEOs and market experts. Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant. THE SCHWAB NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction. © 2024 Charles Schwab Media Productions Company. All rights reserved.

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