Dollar Supported by Higher T-Note Yields and Crude Prices

Written on 07/20/2026
Rich Asplund

The dollar index (DXY00 ) rose by +0.18% on Monday. The dollar strengthened on Monday as escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar. The dollar...Pile of money by Atlantagreg via iStock