The dollar index (DXY00) is up 0.02% as the greenback found support from a stronger-than-expected May MNI Chicago PMI, which rose at its fastest pace in 4.25 years. That was partly offset by improving prospects for a US-Iran peace deal, which is weighing on the dollar. The move appears modest and more indicative of near-term FX positioning than a broad macro shift.
The dollar index (DXY00) is up 0.02% as the greenback found support from a stronger-than-expected May MNI Chicago PMI, which rose at its fastest pace in 4.25 years. That was partly offset by improving prospects for a US-Iran peace deal, which is weighing on the dollar. The move appears modest and more indicative of near-term FX positioning than a broad macro shift.
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neutral
Sentiment Score
0.05