DXY: Here’s why the US dollar index is in a free fall today

The US dollar index (DXY) is under pressure today even after the Census Bureau released strong housing numbers. It is trading at $92.32, which is the lowest it has been since March 2018. US housing sector booms In recent months, economic data from the United States has been relatively strong. Early this month, data from the Bureau of Labour Statistics (BLS) showed that the economy created more than 1.8 million jobs in July. That was in addition to the 7.3 million jobs that were created in May and June. Other numbers showed that the manufacturing and services sectors and retail