TREE NEWS reports: The ICE U.S. Dollar Index fell 0.61% to a session low of 101.642 in late New York trading on Monday, Nov. 9, extending a decline that began in Asian trading and erasing more than half of Friday’s nonfarm-payrolls-driven gain. The Bloomberg Dollar Spot Index dropped 0.51% to 1,221.38, trading between 1,226.95 and 1,221.13 during the day.
ICE Dollar Index Falls 0.61% to 101.642 in New York Late Trading
The dollar giving back more than half of Friday's payrolls-driven rally within a single session suggests the market treated that move as positioning rather than conviction, and the decline carrying from Asia into late New York points to persistent selling rather than a brief squeeze. This matters most for dollar-sensitive assets across crypto and tokenized real-world assets, where a softer greenback often loosens the liquidity backdrop. Whether the pullback extends past the week or stalls near the session low is the open question worth watching.
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