Dollar, Treasury Yields Rise on Economic Recovery Bets
The US dollar strengthened against major currencies, climbing to a one-year high against the yen on Tuesday. The gains were due to accelerating US vaccinations and plans for a major…
Easing Inflation Worries Drive U.S Stocks Higher, Dollar Sheds Gains
U.S stocks rose while the dollar fell after U.S consumer prices rose less than expected. According to Bloomberg, the less than expected surge in consumer prices eased inflation worries fueling…
U.S. Dollar Loses Ground on Possible Biden Win Bet
Foreign exchange markets on Tuesday priced for a possible Joe Biden president despite rising concerns over possible post-election disputes that could increase the dollar’s volatility. The dollar fell 0.44% against…