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Barchart
Barchart
Rich Asplund

Dollar Firms on Euro and Yen Weakness

Euro ECB LAGARDE SP Interest Rates Jibun Bank Moody Ratings United States US Federal Reserve

The dollar index (DXY00) today is up by +0.06%.  The dollar today recovered from early losses and is slightly higher on weakness in the euro and yen.  The dollar today initially posted modest losses due to a decline in T-note yields. Also, strength in stocks today has curbed liquidity demand for the dollar.  Today’s US economic news was mixed for the dollar. 

The US Dec Empire manufacturing survey of general business conditions fell -31.0 to 0.2, weaker than expectations of 10.0.

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