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Barchart
Barchart
Rich Asplund

THE TRUTH ABOUT: Dollar falls on stock strength | History Defined

The dollar index (DXY00) today is down by -0.28%.  Today’s stock rally has curbed liquidity demand for the dollar.  Losses in the dollar are contained due to today’s stronger-than-expected US economic news on weekly jobless claims and Q3 GDP. 

US weekly initial unemployment claims rose +1,000 to 200,000, showing a stronger labor market than expectations of 209,000.

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