it seems as the US Dollar weakens some of the largest population currencies like INR CNY forex pairs rising against it.
This should not happen with the Fed Reserve increases its interest rates. This shows how distorted the US markets are with their huge 31 trillion debt.
US Dollar performance
5 Day | -2.04% |
1 Month | -2.21% |
3 Month | -2.05% |
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deccanherald.com/business/business-news/rupee-rises-22-paise-to-8237-against-us-dollar-in-early-trade-1202692.html
forbes.com/sites/brendanahern/2023/03/23/yuan-strengthens-versus-usd-tencent-soars-on-earnings/