The Dollar is rising alongside the yield paid on U.S. government treasury bonds, a sure sign that the market did not buy into the Federal Reserve's message delivered at its March policy meeting.
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The U.S. Dollar went from boom-to-bust in spectactular fashion late Wednesday after the Federal Reserve (Fed) caught a falling bond market in its arms and in the process burned the fingers of inves…
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The Federal Reserve's March policy event is front and centre for foreign exchange markets today and could well determine how the Dollar trades against the Pound and Euro over coming days.
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The Pound-Dollar rate rallied and the greenback hit the skids on Tuesday after February retail sales data surprised on the downside, puncturing the tyres of an American currency charged up on risin…
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The Pound-to-Dollar rate went out on its back amid further gains for American bond yields but continued to eyeball 1.40 and a rubicon it may overcome on route to new highs this week, as the Federal…
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An unexpected rise in the yield paid on U.S. ten-year bonds has hit market sentiment ahead of the weekend.
Read more … →The Dollar went from hero to zero on Wednesday when in the metaphorical terms the U.S. inflation picture effectively bombed at the box office, after February's inflation numbers came in lower…
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