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Dollar Edges Lower on Fed-Friendly US CPI Report

Foreign Exchange & Fixed Income

Rich Asplund

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May 13, 2025

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Barchart

The dollar index (DXY00 ) today is down by -0.38%. The dollar today is mildly lower after the US Apr CPI was weaker-than-expected and showed the smallest increase in 4 years, a dovish factor for Fed policy. Also, weaker T-note yields today have weakened the dollar’s interest rate differentials. In...

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