{"id":45755,"date":"2021-05-14T22:27:45","date_gmt":"2021-05-14T18:27:45","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=45755"},"modified":"2021-05-14T22:27:46","modified_gmt":"2021-05-14T18:27:46","slug":"u-s-dollar-returns-to-downward-trend","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-dollar-returns-to-downward-trend\/05\/14\/market-updates\/","title":{"rendered":"U.S. Dollar Returns to Downward Trend"},"content":{"rendered":"\n<p>The U.S. Dollar (USD) declined on Friday, returning to its downward trend after rising for two consecutive sessions, as Treasury bond yields fell.<\/p>\n\n\n\n<p>A surge in inflation, the biggest in more than a dozen years, prompted a decline in the yields of long-term debt instruments and led to varied expectations about raising interest rates by the Federal Reserve.<\/p>\n\n\n\n<p>The Dollar Index (DXY), which measures the greenback\u2019s performance against a basket of six major international currencies, is down by for the day by 0.45% at 90.35, near its daily low of 90.28, versus its highest level of the day at 90.80.<\/p>\n\n\n\n<p>It is worth noting that the index closed Thursday higher at 90.75, after surging on Wednesday.<\/p>\n\n\n\n<p>Furthermore, a retreat in consumer sentiment in the U.S. also resulted from the rise in consumer inflation as recent data showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Dollar (USD) declined on Friday, returning to its downward trend after rising for two consecutive sessions, as Treasury bond yields fell. A surge in inflation, the biggest in more than a dozen years, prompted a decline in the yields of long-term debt instruments and led to varied expectations about raising interest rates by &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31304,"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":[6934,6871],"class_list":["post-45755","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-dxy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45755","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=45755"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45755\/revisions"}],"predecessor-version":[{"id":45756,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45755\/revisions\/45756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31304"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=45755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=45755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=45755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}