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Dollar Slightly Lower on Weak US Economic News

Foreign Exchange & Fixed Income

Rich Asplund

·

May 16, 2025

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Barchart

The dollar index (DXY00 ) today is down by -0.02%. The dollar today is seeing downward pressure from weaker-than-expected US housing starts and building permits reports and from an unexpected decline in the University of Michigan US May consumer sentiment index to a 3-year low. Also, lower T-note yields today...

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