Dollar Supported by Higher T-note Yields

Strong Bearish -100.0

The dollar index (DXY00 ) on Tuesday recovered from a 1.5-month low and rose by +0.36%. Higher T-note yields on Tuesday strengthened the dollar's interest rate differentials and sparked short covering in the dollar. The dollar initially whipsawed lower and then higher on Tuesday after preliminary benchmark payroll revisions to...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.