The dollar index (DXY00 ) today is down by -0.02%. The dollar today is seeing downward pressure from weaker-than-expected US housing starts and building permits reports and from an unexpected decline in the University of Michigan US May consumer sentiment index to a 3-year low. Also, lower T-note yields today...Image by Karolina Kaboompics via Pexels
Dollar Slightly Lower on Weak US Economic News
Written on 05/16/2025