The dollar index (DXY00) on Wednesday rose by +0.13%. Higher T-note yields Wednesday supported modest gains in the dollar. Also, hawkish comments from Boston Fed President Collins were bullish for the dollar when she said interest rates will likely need to be held higher for longer to reduce price pressures.
US Mar wholesale trade sales unexpectedly fell -1.3% m/m, weaker than expectations of a +0.8% m/m increase.
