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Dollar Climbs and Gold Retreats on Trade Optimism

Foreign Exchange & Fixed Income

Rich Asplund

·

May 27, 2025

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Barchart

The dollar index (DXY00 ) Tuesday rose by +0.59%. The dollar moved higher Tuesday after President Trump over the weekend extended the deadline for a 50% tariff on US importers of EU goods by about 5 weeks to July 9 from June 1. The dollar also garnered support from hawkish...

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