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Market Impact: 0.3
Dollar Weakens with Crude Oil Prices and T-Note Yields
Source: Nasdaq
Currency & FXEnergy Markets & PricesInflationMonetary PolicyInterest Rates & Yields
The U.S. dollar index fell 0.20% after reaching a 1.5-month high. WTI crude oil declined more than 2%, easing inflation expectations and strengthening the case for a more dovish Federal Reserve policy stance, while lower Treasury-note yields added pressure to the dollar.
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