Dollar Extends Rally as Yields Jumps; Euro Weakens on Disappointing Data

Dollar’s rally continues broadly today, though most of its strength remains concentrated against European majors. While the greenback holds firm, it remains capped below last week’s highs against commodity-linked currencies and Yen. A clear move upwards could only unfold if 10-year Treasury yield breaks past the 4.4% threshold, though the true direction may hinge on […]

The post Dollar Extends Rally as Yields Jumps; Euro Weakens on Disappointing Data appeared first on Action Forex.