Dollar Slips and Gold Soars as T-note Yields Fall
Yahoo Finance·2025-09-24 03:34
The dollar index (DXY00) on Tuesday fell by -0.08%. The dollar gave up modest gains on Tuesday and turned lower as T-note yields fell following dovish comments from Fed Governor Michelle Bowman, who stated that policymakers are in danger of falling behind the curve and need to act decisively to lower interest rates as the labor market weakens. Tuesday's weaker-than-expected reports on the September S&P manufacturing PMI and the September Richmond Fed manufacturing sentiment survey also weighed on the dol ...