Dollar Slips as T-Note Yields Fall

The dollar index (DXY00) on Friday fell by -0.21%.  The dollar moved lower on Friday as a decline in the 10-year T-note yield to a 4-month low has weakened the dollar's interest rate differentials.  Losses in the dollar were limited on Friday due to stronger-than-expected US economic reports on Jan PPI, the Feb MNI Chicago PMI, and Dec construction spending.  Also, Friday's equity market slump boosted liquidity demand for the dollar. US Jan PPI final demand rose +0.5% m/m and +2.9% y/y, stronger than exp ...