Dollar Falls on Fears Foreign Dollar Demand Will Weaken
Yahoo Finance·2026-02-10 04:31
The dollar index (DXY00) fell to a 1-week low on Monday and finished down by -0.83%. The dollar was under pressure Monday after a Bloomberg report said that Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, fueling concerns that foreigners will reduce their demand for US dollar assets. The strength of the Chinese yuan also undercut the dollar after it rose to a 2.5-year high against the dollar on Monday. Losses in the dollar accelerated Monday after Natio ...