Dollar Recovers as T-note Yields Climb

Bullish 68.0

The dollar index (DXY00 ) today recovered from a 1.5-month low and is up by +0.08%. Higher T-note yields today strengthened the dollar's interest rate differentials and sparked short covering in the dollar. The dollar today initially whipsawed lower and then higher after preliminary benchmark payroll revisions to US payrolls...
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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.