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Benzinga
Benzinga
Business
Wayne Duggan

Why The US Dollar, A Safe Haven For Worried Investors, Rebounded On Monday

United States Christopher Waller US Dollar NYSE Inflation Nicholas Colas Bitcoin

The Invesco DB US Dollar Index Bullish Fund (NYSE:UUP) rebounded by 0.6% Monday morning after a difficult week last week.

Investors dumped the dollar last week following encouraging inflation data, but Federal Reserve Governor Christopher Waller said Sunday that the Fed still has a long way to go to get inflation under control.

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