The dollar index (DXY00 ) rose by +0.23% on Tuesday. The dollar moved higher on Tuesday as the 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....Holding money bunched in fist by Iana Miroshnichenko via iStock
Dollar Edges Higher as Crude Oil Prices and Bond Yields Climb
Written on 07/21/2026
Rich Asplund

