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The U.S. dollar strengthened as crude oil prices and Treasury note yields both moved higher, according to a Yahoo Finance report. The dollar's gains reflect the currency's sensitivity to rising energy costs and higher yields, which tend to attract capital flows into dollar-denominated assets. The move comes amid a broader backdrop of elevated oil prices tied to Middle East supply disruptions and climbing Treasury yields that have been pressuring other asset classes. The dollar's strength adds another dimension to the current market environment ahead of the Federal Reserve's policy decision.
Sources:Yahoo Finance