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Barchart
Barchart
Rich Asplund

Dollar Slips on Euro Strength

ECB Euro LAGARDE Stournaras ECB Governing Council Gold US Federal Reserve

The dollar index (DXY00) this morning is down by -0.11%.  The dollar is under pressure this morning on strength in the euro, which rose on hawkish ECB comments.  Also, today’s weaker-than-expected U.S. Jan new home sales report weighed on the dollar.

U.S. Jan new home sales rose +1.5% to 661,000, weaker than expectations of 684,000.

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