U.S. Dollar Moves Higher As Traders Bet On Hawkish Fed: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index gains ground despite the weaker-than-expected Michigan Consumer Sentiment report. The report indicated that Consumer Sentiment declined from 49.8 in April to 44.8 in May, compared to analyst forecast of 48.2.
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