Dollar Strengthens Amid Rising T-note Yields and Stronger Economic Data
The U.S. dollar rose by 0.17% as better-than-expected economic data, including lower jobless claims and a strong Philadelphia Fed survey, pushed T-note yields higher. Hawkish comments from New York Fed President John Williams also supported the dollar, despite easing geopolitical tensions and a record high in the S&P 500.
Topics: Dollar Index Federal Reserve Policy Geopolitical Events T-note Yields US Economic Data