The dollar index (DXY00) today is up by +0.26%. The dollar added to its week-long surge today and posted a new 13-month high. The dollar continues to garner carryover support from last Wednesday, when the FOMC's hawkish stance projected higher interest rates later this year. The dollar fell back from its best level after May's new home sales unexpectedly fell to a 4-month low.
The US Q1 current account balance was -$225.8 billion, a larger deficit than the -$208.9 billion expected.
Dollar Moves Higher as Weak Stocks Boost Liquidity Demand
Dollar Climbs as Stocks Slump
Speculation of Tighter Fed Policy Boosts the Dollar and Hammers Gold
The US Q1 current account balance was -$225.8 billion, a larger deficit than the -$208.9 billion expected.
Dollar Moves Higher as Weak Stocks Boost Liquidity Demand
Dollar Climbs as Stocks Slump
Speculation of Tighter Fed Policy Boosts the Dollar and Hammers Gold
1 month ago
