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Dollar Pushes Higher After US Labor Cost Report

Foreign Exchange & Fixed Income

Rich Asplund

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August 7, 2025

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Barchart

The dollar index (DXY00 ) today is up by +0.19%. The dollar recovered from a 1.5-week low today and turned higher as short covering emerged after the US unit labor cost report was slightly stronger than expected, which was negative for the inflation outlook and hawkish for Fed policy. The...

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