Dollar Soars and Gold Plunges as Global Bond Yields Climb
Holding money bunched in fist by Iana Miroshnichenko via iStock The dollar index (DXY00) rallied to a 2.5-week high today and is up by +0.39%. The dollar is climbing today on concerns that strong US economic news and soaring crude oil prices will prompt the Fed to tighten monetary policy, a bullish factor for the dollar. Today's economic news was…
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