FinanceReuters•1 hour agoDollar bounces back after hitting long-term lows, bolstered by U.S. data
By Dion Rabouin NEW YORK (Reuters) - The U.S. dollar rallied on Thursday after solid U.S. economic data, bouncing back from months- and years-long lows plumbed in early trading that followed Wednesday's Federal Reserve policy statement. Data released on Thursday showed U.S. durable goods orders
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The dollar decline could be great news for stocks
The dollar index just hit a new 13-month low, and that could be great news for stocks.
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This 'ugly' chart is about to get even uglier: Trader
The dollar index is on a two-week losing streak, and some strategists expect further downside.
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