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FOREX-Dollar Gets Lift From Higher Yields
The greenback gained 2% in September as rising Treasury yields and global bond losses kept pressure on major currencies, Reuters reported.
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7 Articles
7 Articles
Dollar gets lift from higher yields
By Rae Wee SINGAPORE, Oct 1 (Reuters) - The dollar held near a two-month high on Thursday, supported by an extended rise in US Treasury yields partly driven by concerns over persistent global price pressures stemming from the Middle East war. Data show...
Dollar Strengthened In September As Treasury Yields Jumped
US interest rates rose in late trading on Wednesday, despite a better-than-expected inflation reading, and have leveled off to higher levels on Thursday, with the 10-year yield at 5.29 percent. The dollar has strengthened to 1:1320 against the euro, with the dollar index up to 101.58.
Coverage Details
Total News Sources7
Leaning Left0Leaning Right1Center4Last Updated80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
Factuality
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