Dollar Rallies on Crude Oil Gains and Strong US Economic Data

The dollar index (DXY00) rose to a 1.75-month high, driven by stronger-than-expected U.S. economic data including the May ADP employment report, ISM services index, and April factory orders. Rising crude oil prices also contributed as they may prompt tighter Fed monetary policy.

By Rich Asplund Wed, June 3, 2026 at 10:35 PM GMT+3 5 min read · Yahoo Finance · June 3, 2026, 19:35 UTC

Dollar Rallies on Crude Oil Gains and Strong US Economic Data

Tickers: $AA

Topics: crude oil dollar economic data fed policy

Read the full article at Yahoo Finance

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