Dollar and Gold Rally as Stocks Slump

Written on 09/02/2025
Rich Asplund

The dollar index (DXY00 ) on Tuesday rose by +0.63%. Tuesday’s weakness in stocks boosted liquidity demand for the dollar. Also, higher T-note yields on Tuesday strengthened the dollar’s interest rate differentials and were supportive of the dollar. In addition, Tuesday’s slump in the yen to a 1-month low on...Holding money bunched in fist by Iana Miroshnichenko via iStock