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The Latest Breaking News from Cipollone

Dollar Pushes Higher on Hawkish Fed and US Economic Strength

The dollar index (DXY00 ) on Wednesday rose by +0.65% and posted a 1.5-week high. The dollar rose on Wednesday, with positive carryover from Tuesday, when Fed Chair Powell offered no hints on whether he would support a rate cut at next month's FOMC meeting, signaling that the Fed may...

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Dollar Gains on Concerns about Less-Dovish Fed

The dollar index (DXY00 ) today is up by +0.63% at a 1.5-week high. The dollar is climbing today on positive carryover from Tuesday when Fed Chair Powell offered no hints on whether he would support a rate cut at next month's FOMC meeting, signaling the Fed may be less...

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Dollar Climbs With T-note Yields

The dollar index (DXY00 ) Monday rose by +0.19% and posted a 2-week high. The dollar moved higher on Monday on signs of strength in the economy after the Mar S&P Global Services PMI index and Feb Chicago Fed national activity index rose more than expected. Also, higher T-note yields...

Barchart

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Dollar Slightly Higher as T-Note Yields Climb

The dollar index (DXY00 ) Thursday rose by +0.07%. The dollar on Thursday rose modestly after US Q1 nonfarm productivity rose as expected. Also, higher T-note yields on Thursday were favorable for the dollar. In addition, hawkish comments from Chicago Fed President Goolsbee supported the dollar when he said fiscal...

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Dollar Firms on Higher T-Note Yields

The dollar index (DXY00 ) today is up by +0.29%. The dollar today is higher on some mild short covering after two days of losses. The dollar also garnered some support after US Q1 nonfarm productivity rose as expected. Higher T-note yields today are favorable for the dollar. Limiting gains...

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Dollar Drops as Weak US Economic News Fuels Fed Rate Cut Expectations

The dollar index (DXY00 ) Wednesday fell by -0.48%. The dollar retreated Wednesday after the US July trade deficit widened by the most in 2 years. Lower T-note yields Wednesday also weighed on the dollar. Losses in the dollar accelerated after the US July JOLTS job openings fell more than...

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Dollar Retreats on Wide US Trade Deficit and Dovish Job Openings Report

The dollar index (DXY00 ) today is down by -0.41%. The dollar is retreating today after the US July trade deficit widened by the most in 2 years. Lower T-note yields today are also weighing on the dollar. Losses in the dollar accelerated after the US July JOLTS job openings...

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Dollar Sees Support from Quarter-End Demand

The dollar index (DXY00 ) on Wednesday rose slightly on quarter-end demand for the dollar. Also, dovish ECB comments on Wednesday undercut the euro and boosted the dollar. Meanwhile, the yen recovered from a 33-year low and moved higher on speculation that Japanese authorities may soon intervene in currency markets...

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Dollar Modestly Higher on Weakness in the Euro

The dollar index (DXY00 ) this morning is up by +0.09%. Dovish ECB comments today undercut the euro and gave the dollar a boost. Gains in the dollar are limited after the yen recovered from a 33-year low and moved higher on speculation that Japanese authorities may soon intervene in...

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Jan. 6 takeaways: Extremists and 'screaming' in Trump meet

House investigators are laying out the origins of the violence at the U.S. Capitol on Jan. 6, 2021

The Independent UK

Photo shows Rudy Giuliani being escorted from White House after ‘nuts’ Trump election conspiracist meeting

Cassidy Hutchinson’s photo shows end of ‘unhinged’ White House meeting

The Independent UK

Trump's legal exposure may be growing – and 4 other takeaways from the Jan. 6 hearing

Former White House aide Cassidy Hutchinson testified under oath about a volatile and angry president who was prone to throwing dishes, knew that supporters were armed and didn't want the riot to stop.

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