May 24, 2021 08:01 GMTFXStreet News DXY refreshes intraday low, fades bounce off early January low. Market sentiment dwindles amid a quiet session, US 10-years Treasury yields drop. Fedspeak, Chicago Fed National Activity Index eyed for fresh impulse. US dollar index (DXY) fails to extend Friday’s bounce off 4.5-month low, refreshing intraday bottom with 89.97 level, as European traders prepare for Monday’s bell. The greenback gauge jumped during late Friday amid tapering concerns. Though, a lack of major directives afterward weighs on the US Treasury yields and greenback by the press time. Strong PMIs for May keep reflation fears on the table, which in turn pushed Atlanta Federal Reserve President Raphael Bostic and Philadelphia Fed President Patrick Harker to join Dallas Federal Reserve Bank President Robert Kaplan and back the need for tapering talks.