The dollar index is down today due to dovish comments from Boston Fed President Susan Collins, reinforcing expectations of a rate cut at the upcoming FOMC meeting. The shutdown of the US government is also bearish for the dollar. The US Oct Empire manufacturing survey exceeded expectations. Euro gains are supported by weak dollar and positive comments from ECB members. Political uncertainty in France is limiting euro gains. The yen strengthened on US-China trade tensions and lower T-note yields. Precious metals are up due to safe-haven demand and dovish Fed comments. Gold and silver prices are sharply higher, reaching new highs.

Read more at Yahoo Finance: Dollar Weakens and Gold Soars to a Record High on Fed Rate Cut Expectations