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Barchart
Barchart
Rich Asplund

Dollar Slips with Lower T-note Yields and Rising Stocks

The dollar index (DXY00) today is down by -0.08% as strength in stocks has reduced liquidity demand for the dollar.  Also, a decline in T-note yields today is weighing on the dollar. 

The markets are discounting the chances for a -25 bp rate cut at 5% for the July 30-31 FOMC meeting 

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