The dollar index (DXY00) on Monday fell by -0.06%. The dollar was under pressure Monday from lower T-note yields, which weakened the dollar’s interest rate differentials. The dollar was also undercut by uncertainty ahead of this week’s US inflation reports. The dollar recovered from its worst levels after the NY Fed’s Apr 1-year inflation expectations rose to a 5-month high, a hawkish factor for Fed policy. Monday’s hawkish comments from Fed Vice Chair Jefferson supported the dollar when he said, “In light of the attenuation in progress, in terms of getting inflation down to our target, it is …