The Dollar was broadly lower in N.Y. on Tuesday, leaving the DXY near three-month lows of 89.69. Stalling Treasury yield rises have dented USD sentiment this week, following the spike up seen last week following hot U.S. prices data. The rise in rates, saw the Greenback head higher as well. Data today saw housing starts miss the mark, which weighed on the Dollar at the margins. Wall Street was mixed, while Treasury yields were nearly static through the session. Wednesday’s U.S. docket is very light, with no major data releases due.
[EUR, USD]