Dollar Pushes Higher as Crude Oil Surges and T-Note Yields Rise
The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar pushed higher on Monday amid higher T-note yields, which strengthened the dollar’s interest rate differentials. Also, Monday’s +5% surge in WTI crude oil prices raised inflation expectations and may persuade the Fed to tighten monetary policy, a supportive...
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