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The Dollar is Weak: Here’s Why

The Dollar is weak, here’s why. Anyone who has been checking the currency strength meter in the last week will have noticed consistent weakness in the US Dollar. And it’s a similar story for the Japanese yen (JPY) and Swiss franc (CHF) too. Why? Because

JPY is the Strongest, AUD & NZD are Weakest

Damage control sees the Japanese Yen soaring after the killing of Iranian military leader. – Japanese Yen, up 9.32% – New Zealand Dollar, down -4.99% – Australian Dollar, down -3.89% Looking back at a the last 5 days of trading the Japanese Yen (JPY) is the strongest currency

British Pound Soars After Record Defeat at the Polls

Cable sees its largest rally in the GBP/USD pair since January 2017. – British Pound, up 10.61% – US Dollar, down -3.91% – Japanese Yen, down -11.51% The British Pound (GBP) is the strongest of the major currencies after the resounding victory by Prime Minister

US Dollar Continues to Weaken

The United States Dollar is now the 2nd weakest of the major currency pairs. – US Dollar, down -3.95% – Japanese Yen, down -4.05% – New Zealand Dollar, up 9.19% The United States Dollar continued to move lower last week and is now the 2nd