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Banking, Economy

“Dollar hits 2-year high, threatens to reach another major milestone”

“The dollar hit a two-year high Tuesday as slowing global growth and more aggressive monetary easing overseas sent investors into the reserve currency.

The U.S. Dollar index rose to a high of 99.37, its highest level since May 2017, when the index hit 99.696. The index, which measures the greenback against a basket of other currencies, is teetering near the 100 level, which it hasn’t hit since April 2017…”

https://www.msn.com/en-us/money/markets/dollar-hits-2-year-high-threatens-to-reach-another-major-milestone/ar-AAGKe0f

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