Dollar Falls Slightly as T-Note Yields Drop and Stocks Recover

Written on 11/21/2024
Rich Asplund

The dollar index (DXY00 ) Tuesday fell by -0.07%. The dollar on Tuesday posted modest losses on the weaker-than-expected US Oct housing starts and building permits reports. Also, lower T-note yields Tuesday weakened the dollar’s interest rate differentials and weighed on the dollar. In addition, Tuesday’s stock recovery curbed liquidity...Puzzle made of money by Qimono via Pixabay