Solid Year for the Dollar But Gains Were Trimmed Substantially in Final Quarter

At peak in late September, the weighted DXY dollar index had advanced about 19% in 2022, but the full year appreciation has been pared to less than 9%, including another 0.2% overnight. Compared to yesterday’s close, the dollar has fallen 0.6% against the yen, 0.5% versus the Swiss franc,  0.3% relative to the euro and […]

At peak in late September, the weighted DXY dollar index had advanced about 19% in 2022, but the full year appreciation has been pared to less than 9%, including another 0.2% overnight. Compared to yesterday’s close, the dollar has fallen 0.6% against the yen, 0.5% versus the Swiss franc,  0.3% relative to the euro and […]