The dollar index (DXY00 ) Tuesday fell by -0.79%. The dollar retreated Tuesday after the US Apr CPI was weaker-than-expected and showed the smallest increase in 4 years, a dovish factor for Fed policy. Also, Tuesday’s stock rally curbed liquidity demand for the dollar. US Apr CPI rose +2.3% y/y,...Money transfer Global Currency by Panuwatccn via Shutterstock
Dollar Retreats on Soft US CPI Report
Written on 05/13/2025
Rich Asplund