$USD -6.5% today — what's driving it?

This drop is pretty significant. I'm wondering if it's mostly tied to the inflation data that came out earlier, or if there's something else at play here with the Fed's stance.

This move is significant. I'm wondering if it's primarily a reaction to the latest inflation numbers or if there's more at play with the Fed's stance.

A nearly 6.5% drop in the USD is significant, especially without clear macro news. What specific index or pair are we even talking about here? The numbers don't quite add up for DXY on a normal day.

Always interesting to see the USD dip. I'm usually just watching from the sidelines, trying to figure out if it's a good time to finally book that trip to Europe or if I should just buy more local snacks.