The US dollar declined due to a strong stock market and weak economic data
2026-08-06 05:29:19
According to CoinMeta, the US Dollar Index fell by 0.17% on Wednesday. After the S&P 500 index reached a new high, demand for the US dollar decreased, leading to its depreciation. In addition, the July ADP employment data and the ISM services index released on Wednesday both fell short of expectations, putting downward pressure on the US dollar.
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