The dollar index (DXY00) tumbled to a 6-week low on Thursday and finished down by -0.99%. Losses in the dollar accelerated on Thursday after the Japanese yen surged on signs of suspected intervention in the forex market by Japanese authorities to prop up the yen. Jun personal income rose +0.2% m/m, weaker than expectations of +0.3% m/m. US Q2 GDP rose +1.5% (q/q annualized), weaker than expectations of +2.0%, despite Q2 personal consumption rising +3.2%, stronger than expectations of +2.3%. The euro garnered support on Thursday from a sharply weaker dollar.