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Dollar and Gold Rally as Stocks Slump

Foreign Exchange & Fixed Income

Rich Asplund

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September 2, 2025

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Barchart

The dollar index (DXY00 ) on Tuesday rose by +0.63%. Tuesday’s weakness in stocks boosted liquidity demand for the dollar. Also, higher T-note yields on Tuesday strengthened the dollar’s interest rate differentials and were supportive of the dollar. In addition, Tuesday’s slump in the yen to a 1-month low on...

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