The dollar index (DXY00) rose 0.17% on Monday and is sitting just below last Friday’s 13-month high. The move came after the euro weakened when ECB President Lagarde pushed back against additional ECB tightening, supporting the dollar and signaling a more dovish ECB stance relative to the Fed.
The dollar index (DXY00) rose 0.17% on Monday and is sitting just below last Friday’s 13-month high. The move came after the euro weakened when ECB President Lagarde pushed back against additional ECB tightening, supporting the dollar and signaling a more dovish ECB stance relative to the Fed.
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neutral
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