Dollar treads water; rally loses steam as U.S. yields sag

Dollar treads water; rally loses steam as U.S. yields sag

The dollar index against a basket of six major currencies was little changed at 92.520.

The index hit a 4-1/2-month high of 93.416 last Wednesday, as a rise in U.S. Treasury yields highlighted the wide interest rate gap between the United States and other countries.

However, it drifted lower a…

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.