Why the U.S. Dollar Index (DXY) at 100 Just Became Everyone’s Problem
DXY crossed 100 after May’s blowout NFP. Here’s why that round number reshapes other major assets, and what traders watch next.
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DXY crossed 100 after May’s blowout NFP. Here’s why that round number reshapes other major assets, and what traders watch next.
The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was a shade higher at 101.36.
By Andrew Moran A hawkish tilt at the Federal Reserve lifted the U.S. dollar to a one-year high this week. The U.S. Dollar Index—a measure of the greenback against a weighted baske...
FUNDAMENTAL OVERVIEWUSD:The US dollar surged across the board on the more hawkish than expected dot plot (the consensus was looking for no cuts or hikes this year). The median dot...
The easing of geopolitical tensions has done little to diminish investor demand for the US dollar. The greenback continues to benefit from diverging monetary policy paths on either...
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