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Barchart
Rich Asplund

Dollar Slightly Lower Awaiting News on US-China Trade Talks

China United States Kazimir ECB Gold silver ECB Governing Council Japan London

The dollar index (DXY00) today is down by -0.06%.  The dollar today is slightly lower ahead of any news of progress in the US-China trade talks that are currently underway in London.  Lower T-note yields today have also weakened the dollar's interest rate differentials. 

The markets are discounting the chances at 3% for a -25 bp rate cut after the June 17-18 FOMC meeting.

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