The US Dollar Index experienced a V-shaped reversal on "Non-Farm Payroll Day," with the Japanese Yen dropping over 0.4% and the Swedish Krona falling over 1.1% this week

Wallstreetcn
2024.11.01 21:48

On Friday (November 1), at the New York close, the ICE Dollar Index rose by 0.33%, reporting 104.317 points. After the release of the U.S. non-farm payroll report at 20:30 Beijing time, it plummeted, refreshing the low since October 21 to 103.679 points, before recovering and gradually rising, with a cumulative increase of 0.06% for the week.
The Bloomberg Dollar Index rose by 0.40%, reporting 1263.87 points, and also refreshed its daily low to 1256.11 points at 20:40, before rebounding, with a cumulative increase of 0.19% for the week.
The dollar rose by 0.62% against the yen, reporting 152.98 yen, with a cumulative increase of 0.43% for the week

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