Dollar’s Resilience Could Be Tested After Monday’s Surge

From Investing.com: 2025-05-13 05:20:00

Risk appetite received a boost after the US-China trade deal, but is now slightly receding. US stocks surged on Monday, led by tech and consumer discretionary sectors. The dollar outperformed most major currencies, while US Treasury yields also rose. Investors are eager for Fed commentary amid concerns of stagflation. Focus is now on the US CPI report, with expectations stable at 2.4% and 2.8% YoY for headline and core figures. Gold is climbing today, while oil maintains gains above $62. Investors are also eyeing potential Ukraine-Russia talks in Turkey later this week.



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