XE Market Analysis: Europe – Jul 19, 2019

The Dollar found a footing after weakening during the New York PM session yesterday. The narrow trade-weighted USD index (DXY) has settled around the 96.85 mark, up from the 16-day low seen late yesterday at 96.67, which was the culmination of a 0.6% decline. The low was seen as U.S. Treasury yields hit two-week and 10-day lows in the case of 2- and 10-year paper, respectively, which New York Fed’s Williams said policymakers should not wait for economic disaster to hit before adding stimulus.

Source: XE news feed
XE Market Analysis: Europe – Jul 19, 2019