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Markets

Dollar Slides with Crude Oil Prices and Bond Yields

The dollar index (DXY00 ) tumbled to a 1-month low today and is down by -0.22%. Today’s -6% plunge in crude oil prices h...

The dollar index (DXY00 ) tumbled to a 1-month low today and is down by -0.22%. Today’s -6% plunge in crude oil prices has eased inflation expectations, which could persuade the Fed to ease monetary policy, a bearish factor for the dollar. Also, today’s stock recovery has reduced demand for...

SOURCE: Nasdaq
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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