Safe Haven Currency US Dollar Getting Crushed, Weaker Against Japanese Yen and Euro

Good day friends, safe haven currency the Dollar Is Getting Crushed, The euro and the Japanese yen are both surging against the U.S. dollar this morning, as following ECB President Mario Draghi's press conference earlier, which sparked a big sell-off in risky peripheral sovereign debt markets in the euro area. Especially on eurozone member

According to business insider Safe haven currency US dollar index has been trending lower all morning, but just in the last few minutes, it's taken a big hit, and is currently down 1.2% on the day.

Eurozone's currency The Euro is staging a breathtaking upward run and is currently up 1.4% against the dollar, Euro trading at 1.3266.

Meanwhile, The japanese yen is making a similar move. The US dollar is now down 1.7% against the japanese yen. The Japanese yen is currently trading at ¥97.50 against the US dollar after hitting a high of ¥97.30 just moments ago

Source: business insider