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Strong US Economic Reports Support the Dollar

Foreign Exchange & Fixed Income

Rich Asplund

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September 25, 2025

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Barchart

The dollar index (DXY00 ) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital...

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