The dollar index (DXY00) Tuesday fell by -0.02%. The dollar Tuesday gave up an early advance and dropped to an 8-week low on US economic concerns. The dollar retreated Tuesday as US bond yields tumbled after the US Apr JOLTS job openings fell more than expected to a 3-year low, a dovish factor for Fed policy. Also, a stock recovery on Tuesday reduced the liquidity demand for the dollar.
The US Apr JOLTS job openings fell -296,000 to a 3-year low of 8.059 million, showing a weaker labor market than expectations of 8.350 million.
