Hawkish Fed Commentary and Weak Stocks Boost the Dollar
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The dollar index (DXY00 ) Wednesday rose by +0.37% and posted a 3-week high. Hawkish Fed commentary Wednesday pushed T-note yields higher and boosted the dollar. Chicago Fed President Goolsbee, Minneapolis Fed President Kashkari, and St. Louis Fed President Musalem all said that US trade policies could boost inflation and…
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