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Barchart
Barchart
Rich Asplund

INSANE: Dollar follows t note yields lower | Rare Historical Photos

ECB Dallas Fed Wunsch BOJ United States

The dollar index (DXY00) on Monday fell by -0.46% and posted a 1-week low.  The dollar was under pressure from weaker T-note yields.  Also, the weaker-than-expected Dallas Fed report weighed on the dollar. In addition, hawkish ECB comments Monday boosted EUR/USD to a 1-week high and undercut the dollar. 

The U.S. Apr Dallas Fed manufacturing activity index unexpectedly fell -7.7 to a 9-month low of -23.4, weaker than expectations of an increase to -12.0.

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