Analysts: Liquidity is thin and selling is hard to stop, and the core position of the dollar is shaken
2025-04-21 03:01:03
Institutional analyst Adam Button said: "While the market was thin on liquidity today, the sell-off continued. The euro/dollar EUR/USD hit 1.15 upwards for the first time since November 2021, up more than 1% on the day. I feel like I'm writing the same thing in every article right now, that the market has no confidence in the US economic plan. The dollar has been at the heart of a system built over 80 years, and it's all being destroyed." In addition to the euro's rise against the dollar, the dollar also fell across the board against other currencies. Another thing to watch was the dollar against the Swiss franc, which fell below its eight-day consolidation range and hit a 10-year low.
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