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Market Impact: 0.35
Dollar Gains on Yen Weakness and Higher T-note Yields
Source: Nasdaq
Currency & FXEnergy Markets & PricesInflationMonetary PolicyInterest Rates & Yields
The dollar index rose 0.24% to a seven-week high, supported by yen weakness as the Japanese currency fell to a two-week low. WTI crude gained 1%, lifting inflation expectations and potentially reinforcing a more hawkish Federal Reserve policy outlook, which supports the dollar.
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mildly positive
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