dollar Archives - British Herald
February 25, 2021
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Finance

Dollar witnesses six-week low as Powell draws attention

SINGAPORE – The dollar suffered losses, found to be the lowest in six weeks on Tuesday, and commodity-linked currencies were hovering around multi-year highs. This occurred, as the focus of investors shifted to what the response of US Federal Reserve chief Jerome Powell might be to resurgent inflation expectations. Increase in prices for materials such […]
Finance

Dollar gets a boost as Treasury yields stabilise

LONDON (UK) – Stabilising US Treasury yields helped the dollar walk back to a positive realm on Wednesday, though investors coninued to be bearish on the currency’s near-term prospects. Benchmark 10-year Treasury yields fell more than 6 basis points from a 10-month high hit on Tuesday, briefly snuffing out a three-day winning streak for the […]
Finance

Euro’s rally triggers fears of side effects

LONDON (UK) – Euro bulls will be hailing the currency’s quick rally to two-year highs against the greenback after years of gloom. However, the euphoria is being tempered by wariness about its side effects. Since May, the euro has witnessed a 11% jump against the dollar after benefiting from the currency’s weakness and the EU’s […]