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Dollar Gains on Strength in US Economic News

Foreign Exchange & Fixed Income

Rich Asplund

·

May 30, 2025

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Barchart

The dollar index (DXY00 ) today is up by +0.24%. The dollar today is moving higher, supported by today's stronger-than-expected US economic news. Also, today's stock weakness has boosted some liquidity demand for the dollar. In addition, hawkish comments from Dallas Fed President Logan were supportive of the dollar when...

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