{"id":44197,"date":"2021-04-10T00:57:07","date_gmt":"2021-04-09T20:57:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=44197"},"modified":"2021-04-10T00:57:09","modified_gmt":"2021-04-09T20:57:09","slug":"dxy-erases-most-of-its-daily-gains","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dxy-erases-most-of-its-daily-gains\/04\/10\/market-updates\/","title":{"rendered":"DXY Erases Most of Its Daily Gains"},"content":{"rendered":"\n<p>The U.S. Dollar (USD) narrowed its daily gains on Friday but remained in the positive territory against major currencies on the back of a rise in Treasury bond yields.<\/p>\n\n\n\n<p>The Dollar Index (DXY), which measures the greenback against a basket of six currencies, is up by 0.13% at 92.18, after rising to a high of 92.41 earlier today, while its lowest level was at 92.03.<\/p>\n\n\n\n<p>The benchmark 10-year U.S. Treasury bond yield is up by about three basis points at 1.66% after declining on Thursday, amid expectations of a rise in inflation following the release of the changes in producers prices in the U.S. for March.<\/p>\n\n\n\n<p>The U.S. Core Producer Price Index (PPI) leveled up to 3.1% in March from 2.5% in February, exceeding market expectations, according to data released earlier today by the U.S. Bureau of Labor Statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Dollar (USD) narrowed its daily gains on Friday but remained in the positive territory against major currencies on the back of a rise in Treasury bond yields. The Dollar Index (DXY), which measures the greenback against a basket of six currencies, is up by 0.13% at 92.18, after rising to a high of &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31910,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6934],"class_list":["post-44197","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-dxy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=44197"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44197\/revisions"}],"predecessor-version":[{"id":44198,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44197\/revisions\/44198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31910"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=44197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=44197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=44197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}