The US dollar fell against major currencies to its lowest level since May 2024 amid a strong strengthening of the yen and statements by Donald Trump, writes Bloomberg.
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On Wednesday, July 17, the Bloomberg Dollar Spot Index (BBDXY) fell 0.4% to its lowest level since late May. At its minimum, the index fell to 1246.92 points.
The Japanese yen on the international Forex market rose against the dollar by almost 1.5% amid ongoing speculation that the country's authorities may intervene again to support the national currency , and also after former US President Donald Trump pointed out the weakness of the yen exchange rate in an interview with Bloomberg.
- Forex Dollar Currency