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Market Impact: 0.3
Dollar Gains on US Economic Strength and Hawkish Fed Comments
Source: Nasdaq
Currency & FXEconomic DataHousing & Real Estate
The U.S. dollar index rose 0.14% to a 1.75-month high, extending its weekly rally. The move was supported by unexpectedly lower weekly jobless claims, which fell to a two-month low and signaled labor-market resilience, alongside positive August new-home data. Stronger U.S. economic indicators are reinforcing near-term dollar demand.
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