The U.S. dollar strengthened to a six-month high on Nov. 4, regaining momentum toward the end of a raucous year for the chief global reserve currency.
As the U.S. financial markets were in a sea of red ink, traders sought shelter in the dollar.
US Dollar Strengthens to Highest Point in Half a Year
The greenback rose to a four-month high against the euro and a seven-month high against the Canadian dollar.
U.S. currency in Washington on Oct. 4, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
