GBP/AUD Exch Rate Slides, Aussie10 Benefits from Dovish FedForex

GBP/AUD Exch Rate Slides, Aussie10 Benefits from Dovish Fed

GBP/AUD tumbled last night and hit a low of 1.7816 in morning trade. The GBP/AUD pair has recovered slightly since…

GBP/NZD Exch Rate Dips, US Stimulus Hopes Boost Confidence Forex

GBP/NZD Exch Rate Dips, US Stimulus Hopes Boost Confidence 

The Pound (GBP) is struggling today due to rising tensions between the UK and the EU over Northern Ireland’s border…

Dollar Further Up as Treasury Yields Resume RiseForex

Dollar Further Up as Treasury Yields Resume Rise

In early London trading, the dollar index held at around 91.84 Monday. It touched a late November 2020 high of…

Dollar Gains as U.S. Yields are UpForex

Dollar Gains as U.S. Yields are Up

The dollar is recovering its losses from the day before, rising on Friday. Early in the European forex session, a…

Dollar Down to One-week Low; Focus on ECB MeetForex

Dollar Down to One-week Low; Focus on ECB Meet

Policymakers were expected to send a message at the European Central Bank meeting that they will prevent bond yields from…

Dollar Up as Yields Stabilize Forex

Dollar Up as Yields Stabilize 

In recent weeks, the dollar has closely tracked a surge in Treasury yields. Higher yields were boosting the greenback’s appeal…

Dollar Down in Consolidation, But Still BuoyedForex

Dollar Down in Consolidation, But Still Buoyed

The Dollar Index declined 0.2% at 92.130 At 3:55 AM ET (0755 GMT). It retreated from an earlier climb of…

Dollar at 3-1/2 Month Highs over Firmer U.S. YieldsForex

Dollar at 3-1/2 Month Highs over Firmer U.S. Yields

The dollar strengthened by nearly 2.5% year-to-date with expectations that the rise in US bond yields will weigh on stretched…

Dollar Up, Powell Downplays Rise in Treasury YieldsForex

Dollar Up, Powell Downplays Rise in Treasury Yields

The dollar rose in early European forex trading Friday, with Federal Reserve Chairman Jerome Powell dismissing concerns over rising Treasury…

Dollar Up on Higher Yields; Budget Boost for SterlingForex

Dollar Up on Higher Yields; Budget Boost for Sterling

The yield on benchmark 10-year U.S. Treasuries traded around 1.49% overnight. It was on track towards a one-year high of…