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Increased Liquidity Demand Boosts the Dollar as Stocks Slump

Foreign Exchange & Fixed Income

Rich Asplund

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Barchart

The dollar index (DXY00 ) today is up by +0.14%. The dollar today recovered from overnight losses and climbed to a 1-week high as the slump in equity prices boosted liquidity demand for the dollar. Gains in the dollar are limited due to lower T-note yields today. Also, today’s decline...

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