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Dollar Erases Early Gains on Weak US Economic News

Foreign Exchange & Fixed Income

Rich Asplund

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May 29, 2025

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Barchart

The dollar index (DXY00 ) today is down by -0.47%. The dollar today fell from a 1-week high and turned lower on today's US economic news that showed the Q1 core PCE price index revised lower and continuing unemployment claims unexpectedly climbing to a 3-1/2 year high, dovish factors for...

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