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📰 **Dollar Climbs as Inflation Fears Push Bond Yields Higher**
The dollar index (DXY00 ) climbed to a 1.5-week high today and is up by +0.22%. The dollar is moving higher today on the stronger-than-expected US Apr PPI report, which was hawkish for Fed policy. The dollar also has safe-haven support on concerns that the US-Iran ceasefire may b...
🔗 https://www.nasdaq.com/articles/dollar-climbs-inflation-fears-push-bond-yields-higher
#markets #news
The dollar index (DXY00 ) climbed to a 1.5-week high today and is up by +0.22%. The dollar is moving higher today on the stronger-than-expected US Apr PPI report, which was hawkish for Fed policy. The dollar also has safe-haven support on concerns that the US-Iran ceasefire may b...
🔗 https://www.nasdaq.com/articles/dollar-climbs-inflation-fears-push-bond-yields-higher
#markets #news
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