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US dollar bond

Dollar struggles to hold gains after US reports jump in inflation
Markets

Dollar struggles to hold gains after US reports jump in inflation

  • "The dollar is really going to struggle to hold onto gains," said Mazen Issa, senior foreign exchange strategist at TD Securities.
  • "The Fed has made it clear in no uncertain terms that they intend to look through transitory inflation factors and they are not perturbed by these moves," said Issa.
Published 12 May, 2021 07:44pm
Dollar drifts higher before Fed decision
Markets

Dollar drifts higher before Fed decision

  • While currency markets were generally calm, signs of nervousness were evident in the bond markets where yields on 10-year US Treasury notes rose above 1.60% after tepid auction results.
  • The dollar index rose 0.2% at 91.047, bouncing from Monday's low of 90.679, its weakest level since March 3, though investors were not convinced a recent downtrend had ended.
Published 28 Apr, 2021 05:21pm