US Dollar index Consolidates After Jumping – US Dollar – The dollar was marginally lower in early trade in Europe Wednesday, consolidating after being pulled higher by rising bond yields and a broad drop in risk appetite as the U.S. returned from a long holiday weekend on Tuesday.


Eurusd downtrend by fxpremiere on

The main driver for that upward move had been fears of inflation and expectations of aggressive action by the Federal Reserve to contain it.

The yield on the 10-year benchmark U.S.

The sell-off in bonds has not been limited to the U.S.

Usdchf by fxpremiere on US Dollar Kiwi dollar Aussie jump on central bank

The euro was flat at $1.1332, after falling over 0.5% on Tuesday.

Forex Signals – Dollar Gains as Yields Rise

That pushed the annual CPI up to 4.2% and the annual core CPI up to 5.3%.

US Dollar near two-week high

Other factors supporting the dollar have been the sharp rise in oil prices in recent days, which raises the dollar needs of non-U.S. who have to buy fixed amounts of oil.


US Dollar index Consolidates After Jumping

Dollar Slips Lower For Now

US Dollar index Consolidates After Jumping

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US Dollar index Consolidates After Jumping