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Dollar Trades Mildly Lower as Oil Prices Plunge
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3 Articles
3 Articles
Dollar Trades Mildly Lower as Oil Prices Plunge
The dollar index (DXY00 ) today is mildly lower by -0.14%. The dollar is trading lower on today's sharp decline in oil prices, which is dovish for Fed policy. However, the dollar has underlying support from today's +2.3 bp rise in the 10-year T-note yield. Today's existing home sales report...
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