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Barchart
Barchart
Rich Asplund

FORGOTTEN HISTORY: Dollar firms with higher bond yields - Caught on Camera

Bostic Kazaks Atlanta Fed ECB US Federal Reserve ECB Governing Council Gold

The dollar index (DXY00) today is up by +0.09%.  Higher T-note yields today are supporting moderate gains in the dollar. However, the upside in the dollar is contained as strength in stocks today has curbed liquidity demand for the dollar.

Atlanta Fed President Bostic said "nothing has changed" regarding his view that maybe only one rate cut will be appropriate in 2024. 

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