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