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Dollar Gains on Weakness in the Yen and British Pound

Foreign Exchange & Fixed Income

Rich Asplund

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July 2, 2025

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Barchart

The dollar index (DXY00 ) today is up by +0.30%. The dollar is climbing today due to increased trade tensions with Japan, as the yen has retreated after President Trump stated that a trade deal with Japan is unlikely. The dollar added to its gains when GBP/USD tumbled to a...

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