The dollar index (DXY00 ) Thursday fell by -0.14%. The dollar was under pressure Thursday as weaker-than-expected US Apr producer prices pushed T-note yields lower and boosted expectations for the Fed to cut interest rates. Other US economic reports on Thursday were mixed for the dollar. US weekly initial unemployment...British Pound, European Euro, American Dollar and Japanese Yen Currency by Virrage Images via Shutterstock
Dollar Retreats on Mixed US Economic News
Written on 05/15/2025