The dollar index fell 0.13% from a 7-week high after weaker-than-expected US economic data undermined the dollar. Weekly jobless claims rose more than expected, and April capital goods new orders were also softer, reinforcing a more dovish Fed outlook. The move reflects a modest shift in FX pricing rather than a broad market shock.
The dollar index fell 0.13% from a 7-week high after weaker-than-expected US economic data undermined the dollar. Weekly jobless claims rose more than expected, and April capital goods new orders were also softer, reinforcing a more dovish Fed outlook. The move reflects a modest shift in FX pricing rather than a broad market shock.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialOverall Sentiment
mildly negative
Sentiment Score
-0.15
