The dollar is making another big move higher to the point it is causing governments and central banks around the world to respond and even intervene to keep their own currencies from crashing against it. Fears over the global economic downturn are driving monetary tightness and demand for safety at the expense of those at the forefront of the broad decline.

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Bloomberg Currency Officials Go on Offensive as Trade Angst in Asia Mounts
https://www.bloomberg.com/news/articles/2025-10-16/currency-officials-go-on-offensive-as-trade-angst-in-asia-mounts

Bloomberg South Korea Says Watching One-Sided Won Volatility in Rare Move
https://www.bloomberg.com/news/articles/2025-10-13/south-korea-says-watching-one-sided-won-volatility-in-rare-move

Bloomberg Swiss Franc’s Haven Run Seen Nearing SNB Intervention Threshold
https://www.bloomberg.com/news/articles/2025-10-24/swiss-franc-s-haven-run-seen-nearing-snb-intervention-threshold

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