Dollar Climbs and Gold Plunges
Yahoo Finance·2025-10-21 19:34
The dollar index (DXY00) on Tuesday rose by +0.34% to a four-session high. The dollar moved higher on Tuesday due to weakness in the yen, which slid to a one-week low against the dollar on expectations that new Japanese Prime Minister Takaichi will maintain an expansionary fiscal policy. The dollar also has carryover support from Monday, when US-China trade tensions eased after President Trump said, "I think we're going to be fine with China." Gains in the dollar were limited after the Oct Philadelphi ...