
The dollar index (DXY00) on Monday fell by -0.02%. Lower T-note yields Monday weighed on the dollar. Also, a rally in stocks curbed liquidity demand for the dollar. Losses in the dollar were limited by weakness in the yen, which fell to a 9-1/2 month against the dollar on dovish comments from BOJ Governor Ueda.
U.S. economic news Monday was supportive of the dollar. The Aug Dallas Fed manufacturing outlook level of general business activity rose +2.8 to a 5-month high of -17.2, stronger than expectations of -19.0.