Dollar Recovers on Smaller Treasury Buyback and Higher T-Note Yields

The dollar index (DXY00 ) recovered from a 2.5-week low on Wednesday and finished up by +0.06%. The dollar found support on Wednesday after WTI crude oil surged +3 % to a 3.25-month high, boosting inflation expectations and potentially persuading the Fed to tighten monetary policy. Also, short covering emerged...