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

Dollar Drops as Bond Yields Fall on Weak US Economic News

The dollar index (DXY00) Thursday fell back from a 2-week high and finished down -0.37%.  Thursday’s dovish US economic reports knocked T-note yields lower and weighed on the dollar. The dollar remained lower Thursday on dovish comments from Atlanta Fed President Bostic and New York Fed President Williams.

US weekly initial unemployment claims rose +3,000 to 219,000, showing a slightly weaker labor market than expectations of 217,000.

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.