Dollar Retreats on Euro Strength and Lower T-Note Yields

Written on 11/21/2024
Rich Asplund

The dollar index (DXY00 ) on Monday fell by -0.42%. Strength in the euro Monday weighed on the dollar as EUR/USD rose on hawkish comments from ECB Governing Council member Nagel, who said central banks may have to raise interest rates should international tensions intensify and lead to more significant...British Pound, European Euro, American Dollar and Japanese Yen Currency by Virrage Images via Shutterstock