Dollar Slightly Higher Before Friday's US CPI Report

The dollar index (DXY00) on Thursday rose by +0.04% as it awaits Friday's US CPI report for September.  The dollar garnered support from Thursday's existing US home sales report, which showed sales rose to a 7-month high.  Also, higher T-note yields on Thursday strengthened the dollar's interest rate differentials.  In addition, weakness in the yen benefited the dollar, after the yen fell to a 1.5-week low on Thursday on concerns that new Japanese Prime Minister Takaichi will advocate a less hawkish moneta ...