The dollar index (DXY00) on Tuesday fell by -0.44%.  The dollar is sliding after today’s weaker-than-expected US economic news on Sep retail sales, Sep core PPI, and weekly ADP employment bolstered the chances for a Fed rate cut at next month’s FOMC meeting.  Also, falling bond yields have weakened the dollar’s interest rate differentials after the 10-year T-note yield fell to a 3.5-week low Tuesday at 3.987%.  The dollar extended its losses after the Conference Board US Nov consumer confidence index fell ...

The dollar index (DXY00) on Monday fell by -0.03%.  The dollar posted modest losses on Monday and came under pressure on dovish comments from Fed Governor Christopher Waller, who said he’s advocating a December rate cut by the Fed.  Mr. Waller’s comments pushed the chance of a Fed rate cut next month to 80% from 30% last Thursday.  Also, Monday’s stock rally reduced liquidity demand for the dollar.  Weakness in the yen was supportive for the dollar today, as the yen attempts to hold above last Friday’s 10- ...