Dollar Gains and Gold Falls on Hawkish Waller

Written on 05/22/2026
Rich Asplund

The dollar index (DXY00 ) today is up +0.15%, just below Thursday's 6-week high. The dollar is supported by hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn't soon slow. Gains in the dollar are limited by today's downward revision to...US dollar background by Iluhanos via iStock