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Barchart
Barchart
Rich Asplund

Dollar Gains and Precious Metals Sink on Year-End Liquidation

United States Donald Trump BOJ MAR Gold US Federal Reserve silver Dallas Fed ECB PBOC

The dollar index (DXY00) on Monday rose slightly by +0.02%.  The dollar found support on Monday as stock market weakness boosted some liquidity demand for the dollar.  Also, Monday's stronger-than-expected Nov pending home sales report was supportive of the dollar.

The dollar fell from its best level after the Dec Dallas Fed manufacturing outlook of general business activity unexpectedly declined. 

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