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Markets

Dollar Retreats as Crude Prices Fall and Stocks Rally

The dollar index (DXY00 ) is down by -0.24% today, falling back from Monday’s 1.5-year high. The widening of the US Aug ...

The dollar index (DXY00 ) is down by -0.24% today, falling back from Monday’s 1.5-year high. The widening of the US Aug trade deficit to a 17-month high is bearish for the dollar. Also, today’s -1% decline in WTI crude oil to a 1-month low eases inflation expectations and could...

SOURCE: Nasdaq
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