✉news BusinessBanking first seen 1 d ago, last 1 d ago, peak #18

Dollar retreats from 18-month high as yields fall

Original: Dollar pulls back from 18-month high as Treasury yields fall; Fed hike bets ease

The US dollar pulled back from an 18-month high as Treasury yields declined and investors scaled back expectations of further Federal Reserve rate hikes. Traders are watching whether the currency's strong run continues or fades, with rate expectations remaining the key driver for both the dollar and bond markets in the near term.

Why now: Shifting Federal Reserve rate-hike expectations are moving currency and bond markets, drawing trader attention.

US dollarFederal ReserveUS Treasury

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Evidence

• Dollar pulls back from 18-month high as Treasury yields fall; Fed hike bets ease · CNBC

API: https://socialmediatrends-api.osmike.com/v1/trends/2347818