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Market Impact: 0.22
Dollar Rises on US Economic News
Source: Nasdaq
Economic DataInterest Rates & YieldsCurrency & FX
The dollar index (DXY00) is up +0.23% today as the currency strengthens on signs of US economic resilience. July personal spending and income rose more than expected, and Q2 personal consumption was revised higher, supporting the view that growth remains firm. Higher bond yields are also cited as boosting the dollar.
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