The US Dollar Plunges Nearly 50 Points, While Non-US Currencies See Broad Gains

By: theblockbeats.news|2025/09/11 13:02:15

BlockBeats News, September 11th, the Dollar Index DXY's intraday decline expanded to nearly 50 points, now trading at 97.71.

Non-dollar currencies rose across the board, with the Euro against the Dollar EUR/USD surging over 60 points intraday, the Pound against the Dollar GBP/USD surging over 50 points intraday, and the Dollar against the Yen USD/JPY dropping over 60 points intraday. (FX678)

During the week ending September 6, initial jobless claims in the United States reached 263,000, marking a new high since the week ending October 23, 2021.The U.S. saw a higher-than-expected Consumer Price Index increase in August, but it will not prevent the Federal Reserve from cutting interest rates next week.

The US Dollar Plunges Nearly 50 Points, While Non-US Currencies See Broad Gains

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