The yen’s woes continue, as the US dollar continues to beat up on the Japanese currency. The main catalyst behind the recent strength of the US dollar has been the recent rise in US Treasury yields. While the 10-year bond climbed to 1.60% earlier on Monday, 30-year bonds has rose to 2.31%. The Japanese yen [...]
As per new research published on Monday, The United Kingdom lost market share in the United States, Germany and China during the COVID-19 pandemic due to global trade chaos, Brexit and poor productivity. And as per the report by Aston University’s Lloyd’s Banking Group Centre, The United Kingdom performed particularly badly due to a long-term [...]
The yellow metal is on a bearish trend as the control after Fed Chair Jerome Powell downplayed the recent turmoil in the bond market. Powell said that the recent bond market will create nervousness which disappointed markets and triggered a renewed uptick in the US dollar alongside the Treasury yields. After that Gold and stocks [...]
The dollar hit a seven-month high on Thursday as an orderly rise in U.S. Treasury yields lent support before speech by Federal Reserve Chairman Jerome Powell that may determine the trend for global bond markets and currencies. Investors seem to boost bets on U.S. growth and inflation as the government prepares new fiscal stimulus, and [...]
