Last week, investors in the foreign exchange market withdrew from the U.S. dollar segment and the reserve world currency adjusted to a 1-month low. This position was fueled by both poor U.S. economic data and the very mild tone of the country's central bank due to further monetary policy.

Forex & CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider
Read more at https://admiralmarkets.com