Both the Dollar and Oil Show Weakness Into This Morning’s Trading Session

“The Dollar Index slipped for the ninth day and oil fell from a 31-month high in New York on concern global economic growth is slowing. Stocks and U.S. index futures were little changed, while Greek bonds tumbled.

The gauge of the U.S. currency against its six trading partners declined 0.3 percent at 7:05 a.m. in New York. China’s yuan strengthened beyond 6.5 per dollar for the first time since 1993. Oil slid 0.2 percent. The Stoxx Europe 600 Index gained 0.1 percent and Standard & Poor’s 500 Index futures rose less than 0.1 percent. South Korea’s Kospi Index sank 0.7 percent.Greece’s two-year yield jumped 41 basis points to 25.33 percent.”

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