Greenback Opens Week Stronger; US 2-Year Treasury Yield Rises as May Hike Expected; Soft Commodities Rise, Sugar, Cocoa ETFs Near Multi-Year Highs.
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Dollar rebounds on higher expectations for Fed hike in MayThe dollar bounced from a one-year low on Monday as resilience in core U.S. retail sales, a rise in short-term inflation expectations and impressive Wall Street bank earnings raised market expectations for an interest rate hike in May.
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