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Barchart
Rich Asplund

RARE PHOTOS: Dollar supported by reduced trade tensions and higher bond yields - The Real Truth

United States Japan BOJ Uchida Donald Trump silver

The dollar index (DXY00) today is up by +0.10%.  The dollar is climbing today on reduced global trade tensions after the US agreed to a trade deal with Japan.  Strength in T-note yields today has also improved the dollar's interest rate differentials.  Gains in the dollar are limited after US existing home sales fell more than expected to a 9-month low.

US June existing home sales fell -2.7% m/m to a 9-month low of 3.93 million, weaker than expectations of -0.7% to 4.00 million.

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