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Dollar Weakens and Gold Rallies as T-note Yields Slide

Foreign Exchange & Fixed Income

Rich Asplund

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July 22, 2025

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Barchart

The dollar index (DXY00 ) today is down by -0.12%. The dollar is under pressure today from lower T-note yields. Losses in the dollar accelerated after the US July Richmond Fed manufacturing survey current conditions index unexpectedly fell to an 11-month low. Losses in the dollar are limited by comments...

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