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The Bloomberg Dollar Spot Index fell about 3.5% in the week, its biggest weekly loss since March 2020, after its worst one-day drop since 2009 following U.S. inflation data. The yen was the main beneficiary, and the index remains about 6% below its late-September peak.
Some analysts still see the longer-term dollar trend as intact.
The dollar's retreat from its peak eases pressure on import costs for dollar-based buyers and supports dollar-priced commodities, although analysts expect a rebound is possible.
thenationalnews.comBloomberg12 nov 2022Tras 1637 eventos bajista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de -0,2 % en 5 sesiones (39% al alza; mitad central entre -0,6 % y +0,3 %), y -0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Reports the biggest weekly dollar loss since March 2020 following the CPI-driven rout.
