The Tell: Dollar Rebound Not Here To Stay: Analyst

Rising Treasury yields inspired the U.S. dollar to strengthen in the second half of the week, while a steepening yield curve brought relief to those fearful about a downturn of the U.S. economy.

Topics:  rising treasury   u.s    dollar   
BING NEWS:
  • EUR/USD Forecast: Euro bulls could retain control while 1.0750 holds as support
    EUR/USD climbed above the 200-period Simple Moving Average (SMA) for the first time in three weeks on Friday and closed the last four 4-hour candles above that level. Moreover, the Relative Strength ...
    05/5/2024 - 7:17 pm | View Link
  • Editorial: BOK Governor signals interest rates will stay higher for longer
    Bank of Korea Governor Rhee Chang-yong recently dampened hopes for a rate cut within the year, stating that “all the premises for [BOK’s] monetary policy that were considered valid until last month ...
    05/5/2024 - 12:30 pm | View Link
  • The RBA warning Australians will be issued
    As high interest rates bite millions of homeowners and the spectre of inflation still making itself felt at the checkout, Australians will be keen to know what is going through Michele Bullock’s mind.
    05/4/2024 - 5:38 pm | View Link
  • Qantas identifies cause of app privacy breach, Afterpay owner Block surges as Macquarie slumps, ASX ends higher — as it happened
    Qantas has identified what caused its app glitch issue on Wednesday that exposed customer data to other travellers, while the Australian share market has finished higher for the week with Afterpay ...
    05/2/2024 - 7:56 pm | View Link
  • Why the Yen Is So Weak and What That Means for Japan
    The yen has been plumbing three-decade lows against the dollar, mainly because interest rates in Japan remain much lower than those in the US and elsewhere, diminishing the currency’s relative allure.
    05/2/2024 - 4:30 am | View Link
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