Dollar Rallies and Gold Retreats on Hawkish Fed
The dollar index (DXY00 ) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday, when the FOMC projected higher interest rates later this year. Thursday's US economic news was also supportive of the dollar as weekly jobless claims...
The dollar index (DXY00 ) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday, when the FOMC projected higher interest rates later this year. Thursday's US economic news was also supportive of the dollar as weekly jobless claims...