The dollar index (DXY00) on Wednesday fell slightly by -0.06%. The main bearish factor was the weak US manufacturing PMI and new home sales reports. The dollar partially recovered from early losses as the T-note yield rose during the day. The 10-year T-note yield ended the day up +2.2 bp at 4.272%. The preliminary-July S&P US manufacturing PMI fell by -2.1 points to 49.5, which was substantially weaker than expectations of unchanged at 51.6. The US manufacturing PMI fell below the expansion-contraction level of 50.0 for the first time since December 2023, indicating weakness in the US manufact…