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Dollar Gained Some Ground But Failed to Really Gain Momentum

Dollar Gained Some Ground But Failed to Really Gain Momentum
Markets Both the US 10-yr and 30-yr yield tested the autumn 2022 cycle high yesterday, respectively at 4.34% and 4.42% and matching highest levels in over a decade. We pointed out before that higher (US) real yields are driving the move. It’s a combination of reduced recession risks, a higher credit risk premium and a […] The post Dollar Gained Some Ground But Failed to Really Gain Momentum appeared first on Action Forex... Read More
Posted: Aug 18 2023, 06:45
Author Name: actionforex
Views: 112392

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