Dollar Holds to Recent Gains as Fed Easing Isn't Imminent

The dollar has continued the progressive recovery as risk aversion prevails across markets and as U.S. interest-rate cuts look unlikely any time soon, lifting the DXY dollar index above 105, UniCredit Research said.

The dollar has continued the progressive recovery as risk aversion prevails across markets and as U.S. interest-rate cuts look unlikely any time soon, lifting the DXY dollar index above 105, UniCredit Research said.