Home / Market Update / Forex Market / U.S. Dollar rises over higher Treasury yields
USD
USD

U.S. Dollar rises over higher Treasury yields

The U.S. dollar has gained for a second straight session on Monday, bolstered by the rise in Treasury yields.

The U. S. dollar’s latest move is ahead of announcements by Federal Reserve speakers this week, which could support expectations of the start of asset purchase tapering before the end of the year.

The US Dollar Index (DXY) is trending higher and on the verge of testing significant resistance levels towards the final frame of the year.

Check Also

Euro Zone Business Activity Slumps Amid Manufacturing and Services Declines

Euro zone business activity suffered an unexpected and sharp downturn in November, as the region’s …