Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

DARK SECRETS: Dollar firms on escalation of middle east tensions | Vintage Vibes

The dollar index (DXY00) today is up by +0.06% at a 3-week high.  The dollar is climbing today after the weekend attack by the US on Iran's nuclear facilities boosted safe-haven demand for the dollar.  The dollar also found support from the stronger-than-expected US PMI and existing home sales reports.  However, the dollar gave up most of its advance on dovish comments from Fed Governor Bowman, who said she favored a Fed rate cut at next month's FOMC meeting. 

The June S&P US manufacturing PMI was unchanged at 52.0, stronger than expectations of a decline to 51.0.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.