
The dollar index (DXY00) this morning is up by +0.13%. Higher T-note yields today are giving the dollar a boost. Also, today’s US Mar Chicago Fed national activity index was stronger than expected and boosted the dollar. Gains in the dollar are limited as strength in stocks today curbs liquidity demand for the dollar.
The US Mar Chicago Fed national activity index rose +0.06 to a 4-month high of 0.15, stronger than expectations of 0.07.