The dollar index (DXY) is down 0.11% as stock strength appears to be reducing demand for currency liquidity. The move lower followed US June existing home sales that unexpectedly declined, pushing the dollar to its daily low. Losses look contained, with subsequent US weekly data limiting the magnitude of the drop.
The dollar index (DXY) is down 0.11% as stock strength appears to be reducing demand for currency liquidity. The move lower followed US June existing home sales that unexpectedly declined, pushing the dollar to its daily low. Losses look contained, with subsequent US weekly data limiting the magnitude of the drop.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.18
