Dollar Index Slips as Stocks Climb and Eurozone Manufacturing PMI Surprises
The US dollar index (DXY00) is down by -0.03% today, holding just above Thursday's 3.25-month low.
This comes as strength in stocks has reduced demand for dollar liquidity.
The dollar is still weighed down by negative carryover from Wednesday's news that the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds.