A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline.
The dollar index (DXY00) on Thursday rose by +0.06%. The dollar Thursday recovered from a 1-week low and posted modest gains. Weakness in stocks Thursday sparked liquidity demand for the dollar.
Many global leaders say the US dollar is used to push Washington's foreign policy priorities. Read more at straitstimes.com.
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The dollar index (DXY00) on Thursday rose by +0.06%. The dollar Thursday recovered from a 1-week low and posted modest gains. Weakness in stocks Thursday sparked liquidity demand for the dollar.
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