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Dollar Supported by Tariff Uncertainty

Foreign Exchange & Fixed Income

Rich Asplund

·

July 9, 2025

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Barchart

The dollar index (DXY00 ) on Wednesday rose slightly by +0.03%. The dollar saw support from concern that US tariffs will boost inflation and prevent the Fed from cutting interest rates. Also, the minutes of the June 17-18 FOMC meeting were slightly hawkish and supportive of the dollar. Gains in...

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