
The dollar index (DXY00) today is down by -0.17%. Today’s decline in T-note yields is undercutting the dollar. Also, today’s weaker-than-expected report on the US Oct Empire manufacturing survey general business conditions is bearish for the dollar.
The US Oct Empire manufacturing survey general business conditions fell -23.6 to a 5-month low of -11.9, weaker than expectations of 3.6.