The dollar index (DXY00 ) today fell back from a 1-week high and is down by -0.10%. The dollar slipped today after US weekly jobless claims unexpectedly increased, which signaled a weaker labor market that is dovish for Fed policy. Also, strength in the euro is weighing on the dollar...Wall Street - US dollar background by Iluhanos via iStock
Dollar Slips and Gold Climbs to a Record High as ECB Cuts Interest Rates
Written on 09/17/2024