The dollar index (DXY00) on Monday rose by +0.02% after recovering from a 1-week low. The dollar saw support from hawkish comments from Fed Governor Bowman, who said it’s too soon for the Fed to cut interest rates. On Monday, Fed Governor Bowman’s comments were hawkish and bullish for the dollar when she said current interest rates are in a good place to keep downward pressure on inflation, and she doesn’t see Fed rate cuts as appropriate “in the immediate future.” The markets are discounting the chances for a -25 bp rate cut at 19% for the March 19-20 FOMC meeting and at 73% for the following…