Dollar Recovers Early Losses as Stocks Retreat

Written on 05/07/2026
Rich Asplund

The dollar index (DXY00 ) on Thursday rose by +0.14%. The dollar recovered from early losses on Thursday and moved higher after stocks gave up early gains and turned lower, boosting liquidity demand for the dollar. The dollar also found support on Thursday’s dollar-friendly news on weekly jobless claims, Q1...Holding money bunched in fist by Iana Miroshnichenko via iStock