Dollar Grinds Higher on Weak Stocks and Stronger T-Note Yields

Written on 11/21/2024
Rich Asplund

The dollar index (DXY00 ) today is up by +0.53%. Higher T-note yields today and weakness in stocks support moderate gains in the dollar. Also, weakness in EUR/USD is benefitting the dollar on dovish comments from ECB Vice President Guindos, who said he expects the ECB to continue lowering interest...Dollar bills in an organized pile by TheDigitalArtist via Pixabay