King Dollar Surges – Forex Signals The dollar surged Friday, riding on the coattails of the recent surge U.S.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.87% to 90.91.


Treasury yield sharply higher recently, sparking a move higher in the dollar, Commerzbank (DE:CBKG) said.

In the 12 months through January, the PCE price index increased 1.5% from 1.4% in December.

GBP/EUR Exchange Rate Surges Past

“A round of updates on the US consumer’s financial position offered a glimpse toward what lies ahead in the form of a strong consumer-led rebound driven by massive fiscal stimulus. In the process, evidence of inflationary pressure may well be upon us already,” Scotia Economics said.

“For the second half of the year, we expect inflation expectations and bond yields to fall again somewhat.

King Dollar Surges 17 02 2021 EURUSD BUY LIMIT

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Dollar Up Alongside Surge in U.S. Treasury Yields

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King Dollar Surges