The DXY Dollar Index, which shows the amount of American currency in relation to six other currencies of countries – the main US trade partners, on Thursday at a minimum of 2.23%.
Large tariffs of Customs customs, the introduction to which President Donald Trump announced for US trading partners, which led to the weakening of the American currency the largest of two and a half years, calculating the Bloomberg agency.
The Bloomberg Dollar Spot Index (BBDXY) on April 3 at the auction was reduced by 1.5%. The dollar fell on the price associated with all the currencies of the G10 countries. In particular, about the Japanese Yen and Swiss Franc, he fell 2%, and relatives in Euro and the British Pound by more than 1%. The US dollar in Canada dollar has been reduced to a minimum level since mid -December.
The DXY Dollar Index, which calculated the cost of American money with respect to the six major currencies of US trade partners, on Thursday, April 3, reduced by 2.23%, reaching 101.372 points. This index includes Euro, Japanese Yen, the British Pound, the Canadian dollar, the Swedish Krona and the Swiss Frank.
The dollar experienced significant losses after events that took place on Tuesday, emphasizing the head of the currency and monetary research department DZ Bank Ab Sonya Marten.
“Now people are focusing on economic consequences that can have tariffs of this custom for the United States itself,” he said.
As you know, on Wednesday, April 2, Trump announced the introduction of major duties to imported goods. He called it America’s “Day of Liberation”.
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Source: korrespondent
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