The index, which fell to a near two-week low after Wall Street stocks hit their lowest levels in about six weeks at the open, recovered ground as major U.S. stock indexes trimmed losses. The dollar index had risen to a 14-year high near 104.00 in early January when expectations for inflation-boosting stimulus under the Trump presidency were at their peak. U.S. long-dated Treasury yields fell to one-month lows, knocked by growing uncertainty about whether the Trump administration could deliver on its campaign promise to bolster the economy. Yields earlier fell to 2.348 percent, their weakest level in one month. Earlier, yields slid to 2.96 percent, their lowest since Feb. 28.

Source: The Edge Markets March 27, 2017 20:37 UTC