The dollar index (DXY00) on Friday fell by -0.14%. The dollar was undercut by Friday’s decline in the U.S. deflator to a 2-3/4 year low, which supported the market’s view for Fed rate cuts starting in early 2024. On the other hand, the dollar saw underlying support from the +0.7 bp rise in the 10-year T-note yield. The dollar also saw support from stronger-than-expected U.S. economic reports, including durable goods orders and U.S. consumer sentiment. EUR/USD ([^EURUSD](https://www.barchart.com/forex/quotes/%5EEURUSD/overview)) rose by +0.09%, and USD/JPY ([^USDJPY](https://www.barchart.com/fo…