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TechFlow news, April 21 — According to monitoring by Trader T, the dollar index has fallen below 99, currently at 98.6, the lowest level since March 2018 when the Federal Reserve began raising interest rates for the first time since 2018. It has dropped 9% year-to-date, meaning any asset with gains under 10% has effectively depreciated in terms of dollar purchasing power.
According to Trader T monitoring, the dollar index has fallen below 99, currently at 98.6, the lowest level since March 2022 when the Federal Reserve implemented its first interest rate hike since 2018. It has declined by 9% year-to-date, meaning any asset with gains below 10% has effectively depreciated in terms of dollar purchasing power.
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