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May 12, 2022, 10:26 a.m. EDT

ICE U.S. Dollar Index rises 0.6% as greenback thrashes euro

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By MarketWatch

The dollar is emerging as a major beneficiary of stocks' continued selloff Thursday based on inflation fears. The ICE U.S. Dollar Index /zigman2/quotes/210598269/delayed DXY +1.01% rose 0.6% as of the New York morning, carving out a fresh high last seen in late 2002, according to FactSet. Meanwhile, the greenback thrashed other G-10 currencies such as the euro /zigman2/quotes/210561242/realtime/sampled EURUSD -1.1799% , which weakened 1% versus the dollar.

/zigman2/quotes/210598269/delayed
US : U.S.: ICE Futures U.S.
106.20
+1.06 +1.01%
Volume: 0.00
July 5, 2022 5:53a
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/zigman2/quotes/210561242/realtime/sampled
US : Tullett Prebon
1.0302
-0.0123 -1.1799%
Volume: 0.0000
July 5, 2022 6:03a
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