Dollar Firms on Signs of US Economic Strength

The dollar index (DXY00) today climbed to a 5.25-month high and is up by +0.08%.  The dollar is pushing higher today after the US Oct ADP employment change rose more than expected, a hawkish factor for Fed policy.  The dollar added to its gains today when the Oct ISM services index rose more than expected to an 8-month high. The dollar also garnered some support today from a Washington Post report that said a handful of moderate Senate Democrats are considering voting to end the government shutdown.  In a ...