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Dollar Boosted by Signs of US Labor Market Strength

Foreign Exchange & Fixed Income

Rich Asplund

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July 10, 2025

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Barchart

The dollar index (DXY00 ) today is up by +0.22%. The dollar recovered from overnight losses and moved higher today on signs of strength in the US labor market, a hawkish factor for Fed policy, after weekly jobless claims unexpectedly fell to an 8-week low. Also, higher T-note yields today...

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