Page 4 - Us Yields News Today

The Aussie was pinned at $0.6411, having shed 1.3% for the week so far to hit a nine-month trough of $0.6365. There is little in the way of chart support until $0.6273, ahead of its 2022 low at $0.6170.

Earlier this week, the US received encouraging economic indicators. However, analysts are considering the pros and cons as Chinese growth also beat expectations.

Asked if he would have raised rates by 50 basis points last week, instead of the 25 basis points as officials did, he demurred.

Federal Reserve Chair Jerome Powell's much-anticipated speech was noncommittal on the precise timing of the Fed's bond tapering, unlike earlier remarks by several regional Fed presidents who wanted tapering to start soon

TOKYO: The International Monetary Fund offered a more upbeat view on Tuesday on Asias economic outlook than six months ago, but warned a faster-than-expected rise in US interest rates could disrupt markets by triggering capital outflows from the region. While Asia is rebounding from last years slump caused by the COVID-19 pandemic, there is a divergence between nations benefitting from surging global demand and those reliant on tourism, said Jonathan Ostry, deputy director of the IMFs Asia and ...

Explore Now Indias rupee on Monday plunged below 75 against the U.S. dollar for the first time in eight months amid a rapid increase in second-wave of coronavirus cases, while concerns over rising U.S. bond yields hurt broader emerging Asian markets. Weighing on the regions markets were expectations of a further rise in U.S. yields on a likely strong reading for U.S. consumer inflation for March, on the heels of a more-than-expected rise in U.S. producer prices. The rupee weakened as much as ...

KUALA LUMPUR: The ringgit was higher against the US dollar at opening on Tuesday, lifted by buying support for the local currency, while the greenback is weakening through the global risk-on channel as foreign exchange traders sell the dollar and put more money to work outside of the US. This ensued from the sinking US dollar to an almost two-week low versus a basket of its peers, moving in tandem with retreating Treasury yields from recent peaks despite signs of a robust US eco...

Buy (almost) everything is back April 6, 2021SharePrint Stock markets rise, US dollar dips In a flashback to the future, US markets fully returned to work overnight and partied like it was 2020. Stock markets powered higher; the US dollar fell at the expense of risk-correlated currencies, US yields eased slightly, and industrial metals rose. Gold and cryptos both had positive days with only oil suffering, which we will discuss later. There seems to have been a delayed reaction to Friday’s imp...

US dollar pummelled Surge in risk sentiment sends US dollar reeling The US dollar wilted overnight before the onslaught of bullish risk sentiment that swept Wall Street after Friday’s Non-Farm Payrolls and the overnight ISM Non-Manufacturing PMI data. The dollar index fell 0.47% to 92.57, although it has recovered slightly in Asia to 92.68. Notably, despite the robust ISM data and aggressive equity rally, US yields drifted lower, undermining US dollar support. The fall overnight leaves the do...

The reflation trade that is lifting US yields will not hit Asian emerging markets financial conditions and growth outlook as much as during the taper tantrum of 2013, S & P Global Ratings said on Wednesday. "The recovery across Asias emerging economies should withstand rising US yields so long as this reflects an improving growth outlook and reflation rather than a monetary shock," said Shaun Roache, Asia Pacific Chief Economist at S & P. In 2013, US yields leaped after the Federal Reserve i...