Dollar Climbs With T-Note Yields

The dollar index (DXY00) today is up by +0.27%.  The dollar is stronger today as higher T-note yields strengthened the dollar's interest rate differentials.  Also, comments today from Richmond Fed President Tom Barkin were supportive of the dollar when he said he expects tax cuts and deregulation to lift growth this year.  The dollar still has some safe-haven support due to the escalation of geopolitical risks in Venezuela after the US captured Venezuelan President Maduro, and US President Trump said the U ...