The dollar index (DXY00) today is up by +0.06% at a 3-week high. The dollar is climbing today after the weekend attack by the US on Iran's nuclear facilities boosted safe-haven demand for the dollar. The dollar also found support from the stronger-than-expected US PMI and existing home sales reports. However, the dollar gave up most of its advance on dovish comments from Fed Governor Bowman, who said she favored a Fed rate cut at next month's FOMC meeting.
The June S&P US manufacturing PMI was unchanged at 52.0, stronger than expectations of a decline to 51.0.
