Daily Insight -- Minor changes in the market
​The DXY on Tuesday traded in the 92.815-93.037 range. The DXY is holding near a 14-month low as macroeconomic data failed to meet expectations. Although the manufacturing PMI index declined to 56.3 after June's 57.8, overall the economy grew for the 98th consecutive month. Meanwhile, the core PCE price index rose 0.1% in June MoM and 1.5% YoY, exceeding expectations of 1.3%. Overall, political uncertainty continues to weigh on the dollar. By the end of Tuesday, the DXY declined 0.4% to 92.86.
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