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Rich Asplund

FOUND: Dollar weakens as hawkish ecb comments boost the euro - What They Never Told You

ECB Euro LAGARDE Stournaras ECB Governing Council Gold US Federal Reserve

The dollar index (DXY00) on Monday fell by -0.11%. The dollar was undercut by strength in the euro, which rose on hawkish ECB comments. Also, Monday’s weaker-than-expected U.S. Jan new home sales report weighed on the dollar. Higher T-note yields Monday limited declines in the dollar.

U.S. Jan new home sales rose +1.5% to 661,000, weaker than expectations of 684,000.

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One subscription that gives you access to news from hundreds of sites

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After struggles v Spain, the USWNT’s midfield puzzle won’t be easily solved

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