Dollar Edges Higher; Treasury Yields Rise After Powell’s Comments

© Reuters. By Peter Nurse Investing.com – The dollar pushed higher in early European trading Thursday, helped by rising U.S. Treasury yields even after the Federal Reserve reiterated that it was in no hurry to raise interest rates while predicting strong growth in the world’s largest economy. At 3:55 AM ET (0755 GMT), the Dollar […]

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Dollar Higher; Powell’s Dovish Comments Fuel Yield Gains

By Peter Nurse Investing.com – The dollar gained in early European trading Friday, after Federal Reserve Chairman Jerome Powell largely dismissed concerns over rising Treasury yields. At 3:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 91.760, a three-month high. fell […]

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Gold Dips Pre-Fed, Awaits Powell’s Take on Economy

© Reuters. By Barani Krishnan Investing.com – As the dollar finally ratcheted higher amid a meltdown in stocks, safe-haven gold joined risk assets, including bitcoin, on the way down Wednesday as dabblers in the yellow metal awaited the Federal Reserve’s latest take on the economy. Pursuant to its first monthly policy meeting for 2021, the […]

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Dollar Edges Lower; Risk-on Ahead of Powell’s Speech

© Reuters. By Peter Nurse Investing.com – The dollar edged lower in early European trade Tuesday, as an improving appetite for risk after U.S. President Donald Trump’s discharge from hospital led traders to turn away from safe haven currencies. At 2:55 AM ET (0655 GMT), the Dollar Index, which tracks the greenback against a basket […]

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