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Dollar Finds Support from Higher Bond Yields
Yahoo Finance· 2025-09-19 03:31
The dollar index (DXY00) on Thursday rose by +0.50%.  The dollar moved higher Thursday on positive carryover from Wednesday when Fed Chair Powell said higher goods prices are feeding through to inflation and that the FOMC expects inflation to continue to build into next year, which may limit how much more the Fed can cut interest rates.  The dollar added to its gains Thursday after T-note yields rose when US weekly jobless claims fell more than expected, and the Sep Philadelphia Fed business outlook survey ...