Dollar Rallies as Iran War Boosts Crude Prices and Bond Yields
Yahoo Finance·2026-03-05 20:32
The dollar index (DXY00) on Thursday rose by +0.43%. The dollar rallied on Thursday as soaring crude prices boosted T-note yields and strengthened the dollar's interest rate differentials. Also, Thursday's US economic reports, which showed a smaller-than-expected increase in weekly jobless claims and a larger-than-expected increase in Q4 nonfarm productivity, were supportive of the dollar. In addition, Thursday's stock sell-off boosted liquidity demand for the dollar. Gains in the dollar accelerated Th ...