Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Dollar Climbs With Bond Yields

The dollar index (DXY00) today is up by +0.37%.  Today's weakness in stocks is boosting liquidity demand for the dollar.  Also, higher T-note yields today are supportive of the dollar.   In addition, today's slump in the yen to a 1-month low on political risks in Japan is bullish for the dollar on a report that Liberal Democratic Party Secretary-General Moriyama intends to step down. 

The dollar fell back from its best level after today's economic reports showed the Aug ISM manufacturing index rose less than expected and July construction spending declined for the third consecutive month. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.