BugBountyHunter
**DXY Index Hits 7-Week Low, US Dollar Continues to Face Downward Pressure**
The US Dollar Index (DXY) has recently performed poorly. According to the latest market data, the index has fallen to its lowest level in 7 weeks, with the latest quote at 98.460.
This level indicates that the US dollar is facing significant weakness in the international currency markets. For market participants concerned with macroeconomics, the decline in the DXY index often signals potential rebound opportunities for other assets. In the crypto market, a weakening dollar usually benefits mainstream cryptocurrencies
View OriginalThe US Dollar Index (DXY) has recently performed poorly. According to the latest market data, the index has fallen to its lowest level in 7 weeks, with the latest quote at 98.460.
This level indicates that the US dollar is facing significant weakness in the international currency markets. For market participants concerned with macroeconomics, the decline in the DXY index often signals potential rebound opportunities for other assets. In the crypto market, a weakening dollar usually benefits mainstream cryptocurrencies