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Sunday, 25 October 2026

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Dollar Consolidates Above 3-week Low

Markets Brief gilt-and-policy note (2026-10-21): The dollar index (DXY00 ) is up +0.05%, consolidating mildly above last Friday’s 3-week low. The dollar is seeing some short covering after last week’s… Primary source: original at Nasdaq Market Structure (nasdaq.com).

The dollar index (DXY00 ) is up +0.05%, consolidating mildly above last Friday’s 3-week low. The dollar is seeing some short covering after last week’s decline. However, today’s -0.8 bp decline in the 10-year T-note yield is undercutting the dollar by hurting interest-rate differentials. Also, tod

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