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The modification of China's vaccination and quarantine protocols has spurred the biggest two-week rally in the yuan in the last few decades. Click here to find out more.
After rallying through September, the US dollar's pullback was extended last week and it was sold into a shallow bounce. The euro and sterling reached their highest levels since June.
Lack of follow-through selling after the down day in response to the CPI data leaves the Dollar Index's near-term outlook uncertain. Still, the USD super-cycle appears entering a new phase.
The dollar rose against most G10 currencies last week, helped by the gains after strong US employment data. Read more here...