Dollar Slips and Precious Metals Surge
Yahoo Finance·2026-02-03 23:27
The dollar index (DXY00) today is down by -0.09%. The dollar is slightly lower due to the strength of the Chinese yuan, which rose to a 2.5-year high against the dollar today. Losses in the dollar are limited amid higher T-note yields and slightly hawkish comments from Richmond Fed President Tom Barkin, who said the US economic outlook is improving and that inflation is still running above the Fed's goal. The dollar still has carryover support from last Friday when President Trump nominated Keven Warsh ...