Dollar Falls on Lower Bond Yields and Yen Strength

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.43%. Dovish comments today from former New York Fed President Dudley knocked bond yields lower and weighed on the dollar when he said he sees “a strong case for a 50 bp cut” in interest...Dollars and Wallets - British Pound, European Euro, American Dollar and Japanese Yen Currency by Virrage Images via Shutterstock