Dollar Climbs as Stocks Slump
Yahoo Finance·2025-11-04 23:31
The dollar index (DXY00) today is up by +0.29% at a 3-month high. Today's slump in equity markets has boosted liquidity demand for the dollar. The dollar also had carry-over support from Fed Chair Powell's warning last week that another rate cut in December is not a foregone conclusion. Bearish factors for the dollar include lower T-note yields today and the weaker-than-expected report on US Oct Wards total vehicle sales. More News from Barchart The dollar is still under pressure from the ongoing US g ...