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Rich Asplund

MYSTERIOUS: Dollar rallies as us government shutdown is averted - You Need To See This

United States ECB BOJ

The dollar index (DXY00) today is up +0.58%, recovering some ground after its -0.73% decline seen last Friday.

The dollar today is seeing support from improved US interest rate differentials, with the 10-year T-note yield up +4 bp. The dollar is also seeing support after Congress last Friday passed a stop-gap funding bill and averted a US government shutdown, which would have been negative for the US economy.

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