The dollar index (DXY00) rose 0.39% to a 2.5-week high as traders priced in a more hawkish Fed outlook. Strong U.S. economic data and surging crude oil prices are lifting expectations for tighter monetary policy, which is supportive for the dollar.
The dollar index (DXY00) rose 0.39% to a 2.5-week high as traders priced in a more hawkish Fed outlook. Strong U.S. economic data and surging crude oil prices are lifting expectations for tighter monetary policy, which is supportive for the dollar.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
