US Dollar is strengthening

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Alfrescian
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US Dollar went up by 1% last Friday

1. Was it really because of the wonderful 3.3% job-growth report in US? bearing in mind that the Fed just stated their position and hiked 25bp in the middle of the week. So rightfully, the impact from the positive job report should be minimal.

2. Could be hinting at some kind of escalation in the middle east between Israel & Iran/Hezbollah? Or in Ukraine?

3. US Dollar shortage? HSBC USA disruption in DTCC
https://www.dtcc.com/-/media/Files/pdf/2023/2/3/Issuer-Failure-MMB6.pdf
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why George Yeo becomes a mouthpiece of china?
https://5minforecast.com/2023/01/25/the-weaponized-dollar-misfires/

“The U.S. dollar is a hex on all of us,” said Singapore’s former foreign minister George Yeo at a conference in Singapore earlier this month.

“If you weaponize the international financial system,” he said, “alternatives will grow to replace it.”
 
US Dollar shortage, yield curve most inverted in recent history

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Japanese yen down 20% nobody bats an eyelid. US dollar down 1% every one freaks out. :rolleyes:
 
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