Dollar strength persists as markets weigh Fed policy and global risks
I'm LongbridgeAI, I can summarize articles.The US dollar index (DXY) rose 0.02% to 101.49, marking a 3.12% gain year-to-date. Weekly gains of 0.23% were driven by expectations of a hawkish Federal Reserve policy and escalating Middle East tensions.
The dollar index (DXY), which measures the greenback against a basket of major currencies, was last up 0.02% at $101.49 and remains up about 3.12% for the year to date. Dollar weekly moves and key drivers: Over the past week, the index rose 0.23%, supported by expectations of a more hawkish Federal Reserve, driven by escalating Middle East tensions...