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📰 **Dollar Rallies on a Hot US PPI Report**
The dollar index (DXY00 ) rallied to a 1.5-week high on Wednesday, finishing up by 0.22%. The dollar moved higher on Wednesday 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 ce...
🔗 https://www.nasdaq.com/articles/dollar-rallies-hot-us-ppi-report
#markets #news
The dollar index (DXY00 ) rallied to a 1.5-week high on Wednesday, finishing up by 0.22%. The dollar moved higher on Wednesday 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 ce...
🔗 https://www.nasdaq.com/articles/dollar-rallies-hot-us-ppi-report
#markets #news