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Dollar Retreats on Soft US CPI Report

Foreign Exchange & Fixed Income

Rich Asplund

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May 13, 2025

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Barchart

The dollar index (DXY00 ) Tuesday fell by -0.79%. The dollar retreated Tuesday after the US Apr CPI was weaker-than-expected and showed the smallest increase in 4 years, a dovish factor for Fed policy. Also, Tuesday’s stock rally curbed liquidity demand for the dollar. US Apr CPI rose +2.3% y/y,...

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