Dollar's Worst Slide Since 2017 Has Further to Go, Options Show [Yahoo! Finance]
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Source: Yahoo! Finance
The Bloomberg Dollar Spot Index fell 0.3% on Tuesday to the lowest level since Oct. 3. The gauge is down 8.2% this year, putting it on track for the biggest slide since 2017. Another modest dip would push the currency to its worst year in at least two decades. Most Read from Bloomberg New York's Congestion Pricing Is Working. Five Charts Show How With Mamdani, the Humble Bus Gets Its Due As Zipcar Leaves London, Car-Share Boosters Are Looking for a New Ride ICE Plans Detention Expansion With Deal to Design 'Mega Centers' NYC's Adams Challenges Mamdani Rent Freeze With Board Picks Expectations that Federal Reserve monetary policy will diverge further from that of other major central banks, as well as seasonality patterns, have kept the greenback under pressure this month. The Canadian dollar climbed to its highest since August, the Australian dollar touched a three-month high and the Swedish krona hit levels last seen in Feb. 2022. Options pricing is also turning more
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