Strong US Dollar Extends Rally While Euro, Yuan and Pound Slide to Multi-Year Lows

U.S. dollar headed for longest weekly winning streak in 9 years, boosted by resilient economic data
Euro stared at 8 straight weeks of losses, fell to 3-month low against dollar
Chinese yuan tumbled to 16-year low, sparking worries and interventions
Sterling languished near 3-month low against dollar, set for weekly loss
Japanese yen rose but remained weak, prompting authorities to defend currency

reuters.com

Relevant topic timeline:

8/22/2023

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Posted 9/8/2023, 1:25:11 AM