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The dollar index (DXY00) Friday rose by +0.11%. The dollar on Friday posted moderate gains in weakness in the yen after the BOJ refrained from tightening monetary policy. Also, the stock weakness on Friday boosted some liquidity demand for the dollar. In addition, higher T-note yields Friday have strengthened the dollar’s interest rate differentials. The dollar fell back from its best levels Friday on dovish comments from Fed Governor Waller, who said, “Inflation is running softer than I thought.” Fed Governor Waller said he supported the Fed’s 50 bp rate cut this week as “inflation is running…

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