Analysis: Economic concerns drive the dollar index lower, potentially falling below the 100 mark

2025-03-11 22:59:02
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ChainCatcher news, according to Jinshi reports, today, anxiety over the U.S. economy has driven the dollar down to a five-month low against a basket of major currencies. The dollar index hit its lowest level since mid-October, falling 0.5% to 103.329 at one point. Jefferies analyst Brad Bechtel told clients: "We know the routine here, concerns about U.S. growth have pushed us (the dollar index) down to 100, while inflation worries have brought us back up to 108."

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