Higher Yields Pushing Dollar Up | Forex Factory

  • Higher Yields Pushing Dollar Up

    From marketpulse.com

    Five-things the markets are talking about Overnight, global stock indexes have declined along with U.S futures, while the ‘big’ dollar has rallied a tad as U.S Treasury yields back up towards their four-year highs. No central bank meetings are scheduled for this week although minutes from the latest FOMC (Wed) and the ECB meetings (Thurs.) will be published. Note: Given the forthcoming March FOMC meeting (March 20 -21) when markets expect another +25 bps increase, dealers will be looking for signs that the majority of the committee is aligned for the increase. They also will be looking to see how the FOMC’s ... (full story)

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stu1
Feb 20, 2018 4:59am
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Thats strange, because over the last few weeks the 10 year yield has being pushing higher and the USD has been tanking. Maybe its just a case of the USD being way oversold and a correction is in process.
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COGSx86
Feb 20, 2018 6:10am
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Quoting stu1
Thats strange, because over the last few weeks the 10 year yield has being pushing higher and the USD has been tanking. Maybe its just a case of the USD being way oversold and a correction is in process.
Thats exactly what it is, at the same time Yields have started their climb again, only slightly but I doubt it will stop.

Whenever an article comes out like this, they are normally 3-5 days late.
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