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Market Impact: 0.2

Dollar Gains on Strength in US Services Activity

Economic DataCurrency & FXMonetary PolicyInterest Rates & Yields

The DXY dollar index is up +0.22% as it rises on the June ISM services report coming in as expected. The move also reflects yen weakness after Japanese authorities did not intervene to support the yen. Net impact appears contained, with the catalyst primarily being routine macro data and FX dynamics.

Analysis

The DXY dollar index is up +0.22% as it rises on the June ISM services report coming in as expected. The move also reflects yen weakness after Japanese authorities did not intervene to support the yen. Net impact appears contained, with the catalyst primarily being routine macro data and FX dynamics.

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Market Sentiment

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neutral

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0.05