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๐ฐ **Dollar Gains on Weak Stocks and Soaring Crude Prices**
The dollar index (DXY00 ) today is up by +0.23%. Today's stock slump is boosting liquidity demand for the dollar. Also, higher crude oil prices today increased inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. The dollar maintained its...
๐ https://www.nasdaq.com/articles/dollar-gains-weak-stocks-and-soaring-crude-prices
#markets #news
The dollar index (DXY00 ) today is up by +0.23%. Today's stock slump is boosting liquidity demand for the dollar. Also, higher crude oil prices today increased inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. The dollar maintained its...
๐ https://www.nasdaq.com/articles/dollar-gains-weak-stocks-and-soaring-crude-prices
#markets #news