Dollar Inches Down but “Regains Mojo” as Fed Deflects Early Interest Hike Hopes

© Reuters. By Gina Lee Investing.com – The dollar inched down on Friday morning in Asia but was boosted by rising Treasury yields and a fall in global shares. Investors also continue to contemplate the U.S. Federal Reserve’s deflection of early interest-rate hike expectations. The that tracks the greenback against a basket of other currencies […]

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Haven assets losing their mojo in virus-stricken market

By Saqib Iqbal Ahmed and April Joyner NEW YORK (Reuters) – A rush to safety amid a massive drop in stocks has stretched prices for haven assets, leaving investors fewer places to hide in the wake of a freshly-minted bear market. Treasury yields stand near record lows, reflecting investors’ thirst for U.S. government bonds in […]

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