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Dollar Slips as Crude Oil Prices Decline

By Nasdaq

Dollar Slips as Crude Oil Prices Decline

The dollar index (DXY00 ) is down by -0.31% today. The dollar is under pressure today from a -1% decline in WTI crude oil prices, which eases inflation expectations and is a dovish factor for Fed policy. Losses in the dollar are limited on better-than-expected US economic news today, including...

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Source: Nasdaq