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The dollar index (DXY00) Friday finished up by +0.33% and posted a 6-week high. Heightened political uncertainty in France is hammering the euro and supporting the dollar. Also, Friday’s stock slide has boosted liquidity demand for the dollar. In addition, hawkish comments from Clevland Fed President Mester boosted the dollar when she said she wants to see a few more months of good inflation data before cutting interest rates. The US May import price index ex-petroleum unexpectedly fell -0.3% m/m, weaker than expectations of +0.2% m/m and the biggest decline in 11 months. The University of Mic…

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