According to Odaily Planet Daily, driven by U.S. manufacturing data, the U.S. dollar index DXY exceeded 105 for the first time since November 2023, rising 0.49% on the day. Additionally, swaps markets are pricing in a less than 50% chance of a Fed rate cut in June.
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The US dollar index DXY broke through 105, reaching a new high since November 2023
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