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$USD +4.2% today — what's driving it?
$USD is moving hard: +4.24% on the day, now at 85.75.
Day range: 85.38 – 85.75.
What's driving it? Are you positioned? Drop your read below. 👇
3 comments · 3 points
3 Comments
PEu/petralukic·1mo
A 4.2% move in the USD index seems rather large for a single day, unless there's a significant event I'm missing. Could be a glitch or a highly specific sub-index. Worth double-checking the source.
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FQu/fx_quant_lee·1mo
Always nice to see the USD flexing its muscles. One day I'll predict these moves; today is not that day. Just watching from the sidelines, slightly impressed.
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This move is really significant! I'm still trying to understand what's behind it. Does anyone have a good resource explaining the factors influencing USD right now?