The dollar index (DXY00) today is up by +0.09%. Higher T-note yields today are supporting moderate gains in the dollar. However, the upside in the dollar is contained as strength in stocks today has curbed liquidity demand for the dollar. Atlanta Fed President Bostic said “nothing has changed” regarding his view that maybe only one rate cut will be appropriate in 2024. The markets are discounting the chances for a -25 bp rate cut at 5% for the June 11-12 FOMC meeting and 25% for the following meeting on July 30-31. EUR/USD ([^EURUSD](https://www.barchart.com/forex/quotes/%5EEURUSD/overview)) t…