The dollar index (DXY00 ) is up by +0.05% today. The dollar found support today after WTI crude oil prices rose more than +2% to a 1-week high, which raises inflation expectations and may persuade the Fed to tighten monetary policy, a supportive factor for the dollar. However, the dollar...A U_S_ banknote that is digitally warped by Ruslan Lytvyn via Shutterstock
Dollar Posts Modest Gains as Crude Oil Fluctuates
Written on 08/11/2026
Rich Asplund

