The yuan has been rising
against the greenback since early morning Wednesday, after a four - day depreciation.
Not exact matches
Since the election, the dollar index, which measures the
greenback against a basket of currencies, has risen 3.6 percent.
* The dollar index, which measures the
greenback against a basket of currencies, was little changed at 90.800, lower than 91.076 hit in the previous session, its strongest level
since Jan. 12.
But
since the end of October, the
greenback has stabilized and even gained slightly
against the euro.
The
greenback remained in the 83 - yen range, its strongest level
against the yen
since last April.
The
greenback, which had been in a bull run
against the loonie
since the middle of last year, touched nine - month highs of 1.3124 earlier in March.
The U.S. dollar index, which measures the
greenback's strength
against a basket of six major currencies, was up 0.67 % to 92.24 by 10:21 AM ET (14:21 GMT), the highest level
since January 11.
As the weekly chart below shows, the
greenback has been trending consistently lower
against the Singaporean Dollar
since the start of 2017.
Since the start of October, the
greenback has gained 3 percent
against the yen.
The
greenback reached a high of Y107.855
against the Japanese Yen Friday, but has
since pulled back to around Y107.575.
Since the peg, the franc has fallen more than 20 percent
against the U.S. dollar, via the euro's slide versus the
greenback.
The U.S. dollar index, which measures the
greenback against a basket of other currencies, moved up to 84.42 today, its highest level
since July 2010.
Hedging sounds like chasing performance right now
since the CAD has done so well
against the
greenback.
I'm not too sure about that, however,
since the euro traded roughly sideways
against the
Greenback but was weak
against most other currencies.
Wednesday is the day when it became clear to all (well, those who look at their charts anyway) that the
Greenback was vulnerable to opposing currencies
since price action on
Greenback pairs began to clearly diverge, with the
Greenback winning out
against the comdolls while losing out to the euro and the safe - havens and trading roughly sideways
against the pound.