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$USD -5.4% today — what's driving it?
$USD is moving hard: -5.42% on the day, now at 75.84.
Day range: 72.16 – 77.52.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 18 points
2 Comments
SVu/siti.vo·1mo
This drop is pretty significant. Is there any particular news or economic report that's driving such a sharp move, or is it more of a technical correction? I'm trying to understand the underlying factors.
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This move seems tied to the latest CPI data. I'm not positioned for this short term, but watching how it impacts the broader market.