Dollar Moves Lower as Equity Markets Strengthen

Written on 06/29/2026
Rich Asplund

The dollar index (DXY00 ) today is down by -0.13%. Today's stock rally has curbed liquidity demand for the dollar. However, losses in the dollar are limited as today's +1% gain in WTI crude oil prices has strengthened inflation expectations and could prompt the Fed to keep monetary policy tight,...A one dollar bill floating in water by Wirestock via iStock