Dollar Pressured by a Soft US PPI Report

Written on 05/15/2025
Rich Asplund

The dollar index (DXY00 ) today is down by -0.25%. The dollar is under pressure today as weaker-than-expected US Apr producer prices pushed T-note yields lower and boosted expectations for the Fed to cut interest rates. Other US economic reports today are mixed for the dollar. US weekly initial unemployment...Puzzle of money by TPopova via iStock