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Markets

Dollar Rallies on Higher Crude Oil Prices and Hawkish Fed Comments

The dollar index (DXY00 ) rallied to a 1.5-year high on Monday, finishing up +0.37%. The dollar rallied on Monday amid s...

By Dhallo News · October 13, 2026 at 2:41 AM IST

The dollar index (DXY00 ) rallied to a 1.5-year high on Monday, finishing up +0.37%. The dollar rallied on Monday amid stronger crude prices. WTI crude rose more than +2% on Monday, raising inflation expectations that could prompt the Fed to tighten monetary policy and support the dollar. The dollar...

SOURCE: Nasdaq
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