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Barchart
Barchart
Rich Asplund

Dollar Falls With T-note Yields

Collins Boston Fed Inflation BOJ US Federal Reserve

The dollar index (DXY00) today is down by -0.16%.  Today's dovish comments from Boston Fed President Collins weighed on the dollar when she said she sees Fed rate cuts “soon” if inflation keeps falling.  Losses in the dollar are limited as weakness in stocks boosted some liquidity demand for the dollar.

Boston Fed President Collins said, "If the data continue the way that I expect, I do believe that it will be appropriate soon for the FOMC to begin adjusting policy and easing how restrictive the policy is."

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