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Dollar Rallies on Strong US Economic Reports
Yahoo Finance· 2025-09-25 14:50
The dollar index (DXY00) today is up by +0.43% at a 3-week high. The dollar is climbing as today’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital goods new orders rose more than expected. Also, today's weakness in stocks boosted some liquidity demand for the dollar. The dollar added to its gains today on hawkish comments from Kansas City Fed President Jeff ...