Sub Banner Image

Dollar Retreats on a Dovish US May CPI Report

Foreign Exchange & Fixed Income

Rich Asplund

·

June 11, 2025

·

Barchart

The dollar index (DXY00 ) today is down by -0.36%. The dollar erased an overnight rally and turned lower after today's Fed-friendly US May CPI report bolstered expectations for the Fed to cut interest rates later this year. Also, today's strength in stocks reduced liquidity demand for the dollar. The...

More from

Barchart

More

Foreign Exchange & Fixed Income

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.