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Barchart
Barchart
Rich Asplund

Dollar Gains with Higher T-Note Yields and Yen Weakness

The dollar index (DXY00) on Wednesday rose +0.16%.  The dollar on Wednesday recovered from a 1-1/2 week low and moved moderately higher.  Strength in T-note yields Wednesday boosted the dollar.  Also, weakness in the yen was positive for the dollar as the yen Wednesday fell to a 33-year low against the dollar. 

US Mar capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose +0.2% m/m, right on expectations.

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