Post #15265

Dollar Pullback Begins DXY failed to break and hold above 100.00 and is pulling back. First support sits near 99.00; lose that and a deeper move opens up. Treasury yields and the dollar are easing as key payrolls remain delayed by the government shutdown and no funding deal is in sight. Citi sees a potential reopening next week, but further delays could push the data blackout deeper into December. With the Fed flying partially blind, the market is reluctant to press dollar longs without fresh data. If sentiment softens and yields drift lower, DXY can extend the pullback toward 98s. A firmer UMich print or signs of a funding deal could steady yields and let dollar bulls retest 100.00. For now, the 99.00 area is the line in the sand.