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Dollar Slips on Stock Strength and Fed Rate Cut Expectations
Yahoo Finance· 2025-11-26 20:32
The dollar index (DXY00) on Wednesday gave up an early advance and finished down by -0.08%.  The dollar fell slightly on Wednesday after the Nov MNI Chicago PMI posted a 17-month low. Also, strength in stocks on Wednesday has curbed liquidity demand for the dollar.  The dollar initially moved higher on Wednesday on better-than-expected US economic news, with weekly jobless claims unexpectedly falling to a 7-month low and Sep capital goods new orders rising more than expected. The dollar is also under pres ...