Dollar Rises on Houthi Tanker Attack and Higher Oil Prices

The dollar index (DXY00 ) on Thursday rose by +0.35%. The dollar found support from strong US interest rate differentials, as the 10-year T-note yield rose by +4 bp and posted a new 1.5-year high amid Thursday's surge in oil prices of more than +6%. The dollar also saw support...British Pound, European Euro, American Dollar and Japanese Yen Currency by Virrage Images via Shutterstock