Dollar Climbs as Stocks Sink and Crude Oil Surges
The dollar index (DXY00 ) rallied to a 1.5-week high today and is up by +0.52%. The dollar is moving higher today as T-note yields rise and stocks slump, boosting liquidity demand for the dollar. Also, today’s +3% jump in WTI crude oil raises inflation expectations and could persuade the...
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