Traders go short on U.S dollar over higher claims of U.S unemployment benefits
The drop is speculated to have been caused by the high number of Americans who claimed unemployment benefits.
The drop is speculated to have been caused by the high number of Americans who claimed unemployment benefits.
Tether accounts for 93% of stablecoin use in the region.
This is the longest losing streak recorded by the safe-haven currency in ten years.
Currencies tracked by the U.S dollar index include; euro, British pounds sterling, and the Japanese yen.
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