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Dollar Recovers on News the US Not Seeking a Weaker Dollar

Foreign Exchange & Fixed Income

Rich Asplund

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May 14, 2025

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Barchart

The dollar index (DXY00 ) Wednesday rose by +0.06%. The dollar on Wednesday recovered from early losses and posted modest gains. Short covering emerged Wednesday to push the dollar higher after Fed Vice Chair Jefferson said inflation could rise from US tariff policies. The dollar also recovered after Bloomberg reported...

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