The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today after the University of Michigan’s US May consumer sentiment index fell more than expected to a record low. Also, strength in the Chinese yuan is weighing on the dollar today after the yuan rallied...US dollar background by Iluhanos via iStock
Dollar Slips as US Consumer Sentiment Tumbles to a Record Low
Written on 05/08/2026