$Dollar Index Rebounds on Rising T-Note Yields and Strong US Economy

The US dollar index rose by +0.09% on Wednesday after T-note yields increased.

This rebound in the dollar was also supported by signs of strength in the US economy, including a revised Q2 GDP of +2.2% (q/q annualized), which is stronger than expected.

The Sep ADP employment change rose by +90,000, beating expectations of +75,000, and Aug personal spending increased +0.9%, the largest gain in five months.