
The dollar index (DXY00) today is up by +0.05%. The dollar is moving higher today due to weakness in the euro and yen, which both fell to 1.5-week lows against the dollar. Also, higher T-note yields today have strengthened the dollar's interest rate differentials. Gains in stocks today have diminished liquidity demand for the dollar.
The US Dec S&P manufacturing PMI was kept unrevised at 51.8, right on expectations.