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Market Impact: 0.42
Dollar Rallies on Signs of US Economic Strength
Source: Nasdaq
Currency & FXMonetary PolicyEconomic DataInflationInterest Rates & Yields
The dollar index rose 0.56% to a 1.75-month high after the OECD increased its 2026 U.S. GDP forecast and cut its U.S. inflation outlook. The move was reinforced by speculation that the Federal Reserve could maintain further monetary-policy tightening, supporting U.S. yield and dollar demand.
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