Dollar Rises as Treasury Yields Hit 2-Year High
The US dollar rose in early dealings in Europe on Tuesday, pulled higher as concerns over inflation pushed 10-year U.S. government bond yields to their highest in over two years.
DAILY FOREX SIGNALS
“For the foreseeable future, we see little chance of the BoJ adjusting policy rates,” said Oxford Economics analyst Shreena Patel. “We believe the yen will remain weak this year but that room for further depreciation is limited.”
USD/JPY traded at 114.79, up 0.2% on the day.
The euro was also little changed against the dollar at $1.1402, ahead of the release of the German ZEW economic sentiment index for January.
In emerging markets, the ruble weakened again amid growing fears that President Vladimir Putin will send his tanks across the Ukrainian border again. USD/RUB rose 0.4% to 76.40, although the movement was largely in line with other emerging market currencies as the dollar strengthened again.
US Dollar Rises as Treasury Yields Hit 2-Year High
The US Dollar Rises as Treasury Yields Hit 2-Year High
The most traded pairs of currencies in the world are called the Majors.EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD, Gold, Oil and many many more… Forex Trading comes with it high risk. We help by referring only the very best forex brokers available in the marketplace. Your in safe hands with our partners. eurusd signals
FxPremiere.com Learning centre is now available for all to read. With blog posts written monthly on the most common searched terms.
Euro dollar volatility surges
Dollar droops as economic optimism