The U.S. dollar index climbed above 104, generally rose against currencies, and fell slightly against the Japanese yen.

The U.S. exchange rate index rose above 104 and generally rose against currencies but fell slightly against the yen. Release date: 2024-03-23 06:19. Finance. Wireless News TVB News. Guangdong.

The U.S. dollar index rises above 104

According to the latest report, the U.S. dollar index has risen above 104, showing the strong performance of the U.S. dollar in the international market. This will have significant implications for currency markets, especially for currencies pegged to the U.S. dollar.

Generally rose against the currency

As the U.S. exchange rate index rises, the exchange rates of various currencies also generally rise. This means that investors' optimism about the global economy is increasing and market confidence is gradually recovering.

Slightly weaker against the yen

However, it is worth noting that the exchange rate has eased slightly against the Japanese yen. This may be due to the pressures and challenges facing the Japanese economy, which has slightly shaken investor confidence in the yen.

Conclusion

In general, the rise in the US dollar index has had a positive impact on the global currency market, but it is also necessary to pay close attention to the economic development of various countries to avoid potential risks and fluctuations.