Disappointing Economic News in Europe, Elevated Geo-Political Risks, and Rising Yields Help the Greenback Recover
Marc Chandler
April 09, 2021
Overview: The dollar has come back bid. A disappointing and unexpected increase in the US weekly jobless claims pressed yields lower, with the 10-year falling a two-week low and seemingly dragging the greenback with it. The greenback is trading higher against nearly all the major and emerging market currencies today amid heightened geopolitical…
Disappointing Economic News in Europe, Elevated Geo-Political Risks, and Rising Yields Help the Greenback Recover
Reviewed by Marc Chandler
on
April 09, 2021
Rating:
