The dollar gained after a Journal report that Janet Yellen was backing away from Trump’s “weaker dollar is better” stance.

Dollar News
Dollar rises, but traders expect strength to be short-lived

Dollar has risen more than 1.5%

As the Wall Street Journal reported in a recent article, the dollar has risen more than 1.5% against a basket of other major currencies since its recent low. And in doing so, has disappointed expectations of a falling greenback in 2021. Some investors and analysts expect any strength to be short-lived.

Source: wsj.com

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