View full page at forexfactory.com

 

Dollar Losing Ground As Treasury Yields Rise

From rttnews.com

After several days of gains, the dollar is pulling back against all of its major rivals Tuesday afternoon. The weakness appears to be due to the continued rise in U.S. treasuries yields, which crossed the 3 percent level earlier today. It was the first time yields have hit that level since 2014. New home sales in the U.S. jumped by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday. The report said new home sales soared by 4.0 percent to an annual rate of 694,000 in March after surging up by 3.6 percent to a revised rate of 667,000 in February. ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis