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The dollar index (DXY00) today is up by +0.18%. The dollar today is posting modest gains as T-note yields rise, which strengthened the dollar’s interest rate differentials. Also, hawkish comments today from Dallas Fed President Logan supported the dollar when she said she favors the Fed gradually lowering interest rates. US Sep leading economic indicators fell -0.5% m/m, weaker than expectations of -0.3% m/m. Dallas Fed President Logan said, “If the economy evolves as I currently expect, a strategy of gradually lowering the policy rate toward a more normal or neutral level can help manage the …

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