1. The U.S. dollar index (DXY) is up as much as 15% in 2022. The dollar is at a 20-year high.The value of the U.S. dollar has surged in recent months, driven by the Federal Reserve’s aggressive interest rate raises and the hot U.S. economy. From the below chart, we can see, USDJPY rose the most in 2022, then USDGBP, USDCNH, USDAUD, USDSGD.Data from Trading View The yen has depreciated by about 30% against the dollar this year, and the sharp drop in the exchange rate highlights the dilemma of Japan's monetary policy. The exchange rate of the pound against the US dollar fell to the lowest level since 1971; the exchange rate of the RMB against the US dollar fell to the lowest level in 14 years, an