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Dollar Supported by Strong US Economic News

Foreign Exchange & Fixed Income

Rich Asplund

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May 22, 2025

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Barchart

The dollar index (DXY00 ) today is up by +0.34%. The dollar is climbing today on signs of strength in the economy after weekly jobless claims fell to a 1-month low and the May S&P manufacturing PMI unexpectedly increased, hawkish factors for Fed policy. However, gains in the dollar are...

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