The dollar index (DXY00 ) on Thursday rose by +0.14% and posted a fresh 2-month high. The dollar found support from Thursday’s US economic news that showed a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...Puzzle of money by TPopova via iStock
Reduced Fed Rate Cut Expectations Bolster the Dollar
Written on 07/31/2025
Rich Asplund