A slightly cooler-than-anticipated inflation data on Thursday sent the greenback on a tailspin, with the dollar index sliding 3.6% over two sessions last week, its biggest two-day percentage loss since March 2009.
Global equities soared as investors poured into risky assets on hopes that peaking inflation means less aggressive rate hikes from the Fed.on Sunday said that the inflation print last week was "just one data point" that would have to be followed with other similar readings to show convincingly that inflation is slowing.
Meanwhile, cryptocurrencies remained under pressure from ongoing turmoil in the crypto world after the fall of crypto exchange FTX. FTX's native token, FTT , was last down 4% at $1.36, taking its month-to-date losses to nearly 95%.The Japanese yen weakened 0.24% versus the greenback to 139.12 per dollar, having strengthened 5.4% last week against the dollar. The euro was last down 0.2% at $1.0331.on Thursday where he is expected to set out tax rises and spending cuts.
All racists and slaves owners on a dollar and nobody wants to ditch it or burn it 🤣🤮 that's how I know that BLM is bulshit
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