Dollar drops sending European currency on a spike, especially the Swiss Franc

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • Dollar’s Epic Drop Sends Franc and Yen Surging as Traders Weigh Fed Path
  • A 14-month low in the US dollar rippled through global currency markets as traders consider the impact of cooling US inflation on the Federal Reserve’s most-aggressive tightening cycle in a generation.
  • The Swiss franc rose to the strongest level since 2015 against the US currency, while Japan’s yen climbed more than 1% on the day to consolidate its gains below 140 per dollar. The euro spiked to $1.11, and the British pound touched $1.30 — both hitting their strongest levels in more than a year

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