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Barchart
Barchart
Rich Asplund

Dollar Falls on Stock Strength

Donald Trump United States BOJ Gold GDP Greenland Takaichi US Federal Reserve ECB NATO

The dollar index (DXY00) today is down by -0.28%.  Today’s stock rally has curbed liquidity demand for the dollar.  Losses in the dollar are contained due to today’s stronger-than-expected US economic news on weekly jobless claims and Q3 GDP. 

US weekly initial unemployment claims rose +1,000 to 200,000, showing a stronger labor market than expectations of 209,000.

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