Home » Charts » 06/01/2015: DXY Rallies on Upbeat Data

06/01/2015: DXY Rallies on Upbeat Data

The US dollar index rallied on Monday, following mostly upbeat economic data ranging from personal income to manufacturing PMI.

The dollar index (DXY), a trade-weighted average of the greenback against six competitor currencies, rallied more than 0.5 percent to 97.44. The dollar posted solid gains against the euro, franc, pound and Canadian dollar.

 

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Below is a rundown of Monday’s US data release (green highlights above-forecast growth and red highlights below-forecast growth):

  • Personal Spending (April): 0.0%
  • Personal Income (April): 0.4%
  • Markit Manufacturing PMI (May): 54.0
  • ISM Manufacturing PMI (May): 52.8
  • Construction Spending (April): 2.2%
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