The US Dollar Index fell on the 8th.
According to Golden Ten Data on July 9, the US Dollar Index, which measures the dollar against six major currencies, fell by 0.03% and closed at 100.990 in the late trading session. As of the close of the New York forex market, 1 euro exchanged for 1.1426 US dollars, higher than the previous trading day's 1.1419 US dollars; 1 pound exchanged for 1.3400 US dollars, higher than the previous trading day's 1.3363 US dollars. 1 US dollar exchanged for 162.48 Japanese yen, higher than the previous trading day's 161.94 Japanese yen; 1 US dollar exchanged for 0.8076 Swiss franc, remaining the same as the previous trading day; 1 US dollar exchanged for 1.4169 Canadian dollars, lower than the previous trading day's 1.4195 Canadian dollars; 1 US dollar exchanged for 9.6903 Swedish krona, higher than the previous trading day's 9.6784 Swedish krona.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
