# Dollar Broadly Down As Long-Term Yields Decline, US Data In Focus - ActionForex

> The dollar index slipped to its lowest level in nearly a month on December 28 as long-term Treasury yields fell, with the 10-year yield at 2.43% versus 2.50% the prior week. Crude oil traded near 2.5-year highs, with WTI around $59.78 a barrel and Brent around $66.62.

- Date: 2017-12-28 · published 2017-12-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67651-dollar-broadly-down-as-long-term-yields-decline-us-data-in-focus-actionforex
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A softer dollar and lower yields generally support dollar-denominated commodity prices, including grains and oilseeds, though this is routine market commentary with no new fundamental driver.

## Read by commodity

- DXY: bearish ▼
- WTI: neutral

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/65907-dollar-broadly-down-as-long-term-yields-decline-us-data-in-focus/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.