MARKET NEWS
Dollar Jumps with frail U.S Economic Data, still-surging COVID-19 Cases
Dollar Jumps with frail U.S Economic Data, still-surging COVID-19 Cases The Dollar clenches tightly to the profit at the close of last week The U.S. economic data disappointed Investors. The Dollar seems to have a bit of a high on Monday morning in Asia. The Sadden U.S. economic Data with growing Corona Virus
Read moreDollar lifted with Biden’s deliberation of adding trillions to the Stimulus bill
Dollar lifted with Biden’s deliberation of adding trillions to the Stimulus bill Dollar tries to recover his lost value with a high. US President-elect Joe Biden is considering a bigger-than-expected stimulus package. Treasury Yields take a high to some extent. The U.S Treasury Yields spiked on Thursday as US president-elect Joe Biden is
Read moreDollar Plunge as U.S Treasury yields slipped
Dollar Plunge as U.S Treasury yields slipped The Dollar dips as its recent rally, driven by a spike in the U.S. Treasury yields, and speculators are taking cautions on the dollar because of the consistent downfall of U.S currency. The U.S. Dollar Index inched down 0.8% to 89.940 against a basket of currencies. Recorded
Read moreDollar Elevated with Rising Treasury Yields and Stimulus Measure
Dollar Elevated with Rising Treasury Yields and Stimulus Measure The Dollar persistence high on the global market regains its glory. Treasury yields outshine 1% for the very first time since March. The anticipation of large stimulus measures drove the U.S Treasury yields higher, roses 1.148% during the last session. Resultantly, The U.S. Dollar continues
Read moreA rise in the Treasury Yields Comfort Dollar Situation
A rise in the Treasury Yields Comfort Dollar Situation >> The Dollar revived again on Friday morning in Asia, attaining its highest spot over 2 months. >> Some fraction of Investors being more cautious due to the rising yields and Dollar’s unexpected behavior The ascent in treasury yield benefits the U.S dollar, rising to
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