The Dollar was on an absolute tear this week, posting fresh yearly and multi-year highs against many currencies. Notable price action was seen against the Euro, which sunk below parity and to its lowest levels in twenty years, and against the Yen, which has been in a freefall to its lowest levels in nearly 25 years.

 

This analysis is for informational and educational purposes only. This is not a recommendation to buy or sell anything. MarketPunks is not a financial advisor and this does not constitute investment advice. All of the information contained herein should be independently verified and confirmed. Please be aware of the risks involved with trading in currencies, stocks, commodities, cryptocurrencies and sports. Do not trade with money you cannot afford to lose. It is recommended that you consult a qualified financial advisor before making any investment decisions.

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