Rise in Treasury Yields Sent Greenback Higher

Posted January 30th, 2018 by lilabejah742437 and filed in General News

US dollar recovered across the board, helped by the rise in global yields as well as bargain-hunting after last week’s selloff. The DXY index gained +0.27%. EURUSD, losing -0.62% for the day, was the worst performer among the major currencies but speculations of a more hawkish ECB remained on track. A media report indicated that the ECB’s running assumption remains a three-month wind down in the QE program after the current purchases (30B euro/ month) complete in September.

View original post here: 
Rise in Treasury Yields Sent Greenback Higher

Leave a Reply

You must be logged in to post a comment.