Forex Markets
The dollar index this morning is down -0.061 (-0.06%). EUR/USD is up +0.11 (+0.10%) and USD/JPY is up +0.10 (+0.09%). Friday's closes: Dollar index -0.29 (-0.30%), EUR/USD +0.0053 (+0.48%), USD/JPY -0.05 (-0.05%). The dollar index on Friday closed lower on the weaker-than-expected U.S. May housing starts and building permits, which bolsters the case for the Fed to refrain from further tightening, and the slide in stocks, which boosted the safe-haven demand for the yen.