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StockWatch: Inflation Pushes US Index Over $100!

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The DXY broke above 100 for the first time since May 2020.

The greenback also hit another seven-year high against the yen USDJPY.

This came after the annual inflation rate accelerated to 8.5%, claiming a 40-year high!

Has global inflation reached its peak? What is in store for the rest of 2022?

Timestamps:

  • DXY 01:35
  • USDJPY 03:00
  • EURUSD 04:15

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