US Dollar Index: Supported but capped on topside – OCBC

OCBC strategist Christopher Wong highlights that hot United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI) pushed Treasury yields higher, but US Dollar Index (DXY) gains lacked strong follow-through, suggesting much inflation risk is already priced.

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capitalindexers
 May 14, 2026  0  4
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US Dollar Index: Supported but capped on topside – OCBC
OCBC strategist Christopher Wong highlights that hot United States (US) Consumer Price Index (CPI) and Producer Price Index (PPI) pushed Treasury yields higher, but US Dollar Index (DXY) gains lacked strong follow-through, suggesting much inflation risk is already priced.
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