ChainCatcher report, according to CNBC, the U.S. Dollar Index, which measures the dollar against six major currencies, fell sharply by 1.01% on July 31, closing at 99.868 in late forex trading. One euro exchanged for $1.1535, up from $1.1452 in the previous trading session; one British pound exchanged for $1.3476, up from $1.3364; one U.S. dollar exchanged for 158.93 Japanese yen, down from 163.32 yen; one U.S. dollar exchanged for 0.804 Swiss francs, down from 0.8149 francs; one U.S. dollar exchanged for 1.3996 Canadian dollars, down from 1.404; and one U.S. dollar exchanged for 9.5189 Swedish kronor, down from 9.6434 kronor.
DXY Index Falls 1.01% to 99.868 on July 31
ChaincatcherShare
Summary
The DXY Index fell 1.01% to 99.868 on July 31, as the euro rose to $1.1535 and the British pound reached $1.3476. The yen, franc, and krona weakened against the dollar. Traders are closely monitoring altcoins amid shifting sentiment. The Fear & Greed Index shows mixed signals as dollar weakness persists.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.