scorecardresearchUS Dollar hit a two-decade high amid Fed tightening; What's next?

US Dollar hit a two-decade high amid Fed tightening; What's next?

Updated: 10 May 2022, 03:51 PM IST
TL;DR.
Since the beginning of the year, the US Dollar Index has risen by 8%; in the last 12 months, it has risen by 14%. This year alone, the dollar has gained more than 13% against the Japanese yen.
The dollar index rose 0.087% at 103.860 after touching 104.19, its highest level since December 2002.

The dollar index rose 0.087% at 103.860 after touching 104.19, its highest level since December 2002.