The dollar index (DXY00 ) today is down by -0.31% and posted a 6-week low. The dollar retreated today after US weekly jobless claims unexpectedly rose to a 7-3/4 month high, a dovish factor for Fed policy. The dollar was also pressured after US Q1 nonfarm productivity was revised lower...A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Tumbles on US Labor Market Concerns and Euro Strength
Written on 06/05/2025
Rich Asplund