The dollar index (DXY00 ) today is up by +0.23% and posted a fresh 2-month high. The dollar is supported by today's US economic news that shows a resilient labor market with sticky price pressures and labor costs, which are hawkish for Fed policy. The dollar also has carryover support...Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Gains as US Economic Strength Dampens Fed Rate Cut Expectations
Written on 07/31/2025
Rich Asplund