The dollar index (DXY00) today is down -0.02%.  The dollar gave up modest gains today and is slightly lower following dovish comments from Fed Governor Michelle Bowman, who stated that policymakers are in danger of falling behind the curve and need to act decisively to lower interest rates as the labor market weakens.  Today’s weaker-than-expected report on Sep S&P manufacturing PMI also weighed on the dollar.  The dollar initially moved higher today after the US Q2 current account deficit came in smaller ...

`` The dollar index (DXY00) on Monday fell by -0.27%.  The dollar was under pressure on Monday as the Fed is expected to cut the fed funds target range by -25 bp at the conclusion of the Tue/Wed FOMC meeting.  Also, Monday's rally in the S&P to a new record high has dampened liquidity demand for the dollar.  In addition, increased expectations for Fed easing through year-end are bearish for the dollar.  The dollar added to its losses Monday after the US Sep Empire manufacturing survey of general business co ...