US Dollar Index drops to 3-week lows as bears regain confidence By pabspiovano DollarIndex Currencies Majors
US yields extend the corrective downside on Monday.The greenback extends the bearish move and drops to new 3-week lows in the 102.60/55 band when tracked by theThe index resumes the recent downtrend and quickly leaves behind Friday’s bullish attempt amidst muted activity in US yields and a prevailing risk-on sentiment at the beginning of the week.
There are no changes to the macro backdrop around the US dollar, where speculation of the next moves by the Fed coupled with inflation fears and incipient concerns over a “hard landing” in the US economy continue to dictate the price action in the buck. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Dollar wobbles lower as China growth hopes lift AussieThe dollar began the week on the back foot, following its first weekly loss in nearly two months, as investors cut bets on further dollar gains from rising U.S. rates and turned hopeful that loosening lockdowns in China can help global growth.
Leer más »
Dollar Cost Averaging or Lump-sum: Which Bitcoin strategy works best regardless of price?Bitcoin investors, beware! Lump-sum investment strategy remains historically more profitable than dollar-cost averaging.
Leer más »
How these Birmingham moms created a million-dollar businessIn just three years, their company, Pink Picasso Kits, has been picked twice as one of Oprah’s Favorite Things and was featured on ‘Shark Tank.’
Leer más »
Why ‘Dead for a Dollar’ Producer Quiver Distribution Shifted Its Business ModelQuiver Distribution got into the business of producing its own movies out of necessity. “Our goal was to go out and acquire all rights to films and exploit them on as many media as possible,&…
Leer más »
Willie Wilson plans 3rd million-dollar giveaway to help residentsChicago mayoral candidate and businessman Willie Wilson is planning another million-dollar giveaway.
Leer más »
Dollar General fired N.J. worker with learning disability for being ‘too slow,’ lawsuit saysThe Point Pleasant store discriminated against the Brick resident and fired him over his disabilities, the lawsuit alleges.
Leer más »