Dollar Rallies on Higher Bond Yields and Hawkish – Money News
The greenback index (DXY00 ) on Thursday rose by +0.63% and posted a 2.25-month high. Higher bond yields on Thursday had been supportive of the greenback, together with weak spot in shares, which sparked some liquidity demand for the greenback. Gains within the greenback accelerated on Thursday on hawkish feedback from Fed…
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