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Barchart
Barchart
Rich Asplund

FORGOTTEN HISTORY: Dollar rises with bond yields | History Defined

The dollar index (DXY00) this morning is up by +0.10% on support from higher T-note yields.  Today’s stock weakness is also boosting some liquidity demand for the dollar.  The dollar fell back from its best levels after US Mar wholesale trade sales unexpectedly declined.

US Mar wholesale trade sales unexpectedly fell -1.3% m/m, weaker than expectations of a +0.8% m/m increase.

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