The dollar index (DXY00) on Monday rose by +0.07%. The dollar on Monday recovered from early losses and posted modest gains. A repricing of chances for Fed rate cuts is boosting the dollar as swap markets now discount the chances of a Fed rate cut at the March FOMC meeting at 42%, below the more than 60% chance the market priced in earlier this month. On Monday, the dollar initially moved lower on a slide in T-note yields and a rally in U.S. stock indices to new record highs, which reduced the liquidity demand for the dollar. Monday’s U.S. economic news was better-than-expected and supportive …