U.S. Dollar Plunges to Record Lows. What Caused the Decline?
The U.S. dollar headed for its worst weekly drop this year as Treasury yields extended decline on Friday. The benchmark 10-year Treasury yield plunged to a one-month low of 1.528%
The U.S. dollar headed for its worst weekly drop this year as Treasury yields extended decline on Friday. The benchmark 10-year Treasury yield plunged to a one-month low of 1.528%
The commodity currencies soared on Thursday. The Australian dollar rallied as high as $0.7754 for the first time since March 23, following a 1% surge from the previous day when
The U.S. dollar plummeted down near a one-month low on Wednesday. Strong demand at a U.S. bond auction caused a widespread decline in Treasury yields. As a result, the dollar
The dollar climbed up on Tuesday as a rally in U.S. Treasury yields supported it. Despite that, the currency remained near three-week lows as traders waited for inflation data in
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