Dollar Relinquishes Early Gains as the Euro Rebounds

Written on 10/08/2026
Rich Asplund

The dollar index (DXY00 ) is down by -0.08% today. The dollar gave up an early advance and turned lower today after the euro rallied when the German Economy Ministry raised its 2026 German GDP forecast. The dollar initially moved higher today after WTI crude oil rallied more than +4%,...currency sign on world map include dollar yen euro and pound for trading forex by Dilok Klaisataporn via Shutterstock