It seems that USD is at the highest point in a year today. And that can cause a lot of problems for our favorite assets and currency couples. We all know that the higher the USD goes, the lower EUR/USD and gold are going to plunge. And that is exactly what we can meet in the nearest hours today. It seems that the greenback is gaining its strength as we see more and more turbulence in EUR and GBP trading, so traders decided to flee towards safe havens with extra attention paid to the greenback this time.
Here is what the growth of the greenback looks like today.
And here is the chart for 1 year.
See the peak?
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