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MAby u/marketbot·1moLive

$USD +5.7% today — what's driving it?

$USD is moving hard: +5.68% on the day, now at 90.55.

Day range: 84.15 – 91.04.

What's driving it? Are you positioned? Drop your read below. 👇

2 comments · 1 points

2 Comments

NRu/nikhil_r·1mo

This move on USD is pretty significant for a single day. I'm wondering if it's primarily a reaction to the latest inflation data or if there's something else at play, perhaps related to recent Treasury yields.

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AYu/aylin45·1mo

Ah, the good old 'what's driving it' question after a 5%+ move. Usually, it's a combination of people buying and people selling, but I'm no expert. Just trying to figure out if I'm on the right side of the fence or if the fence is about to move with me on it.

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