10 Month SMA

The US dollar is drawing support from rising short-term Treasury yields as traders reassess the Federal Reserve rate path after Warsh’s speech. Upcoming jobs and inflation data are expected to determine whether the dollar index can challenge the 100 handle or retreat toward the 98 area.

The US dollar is drawing support from rising short-term Treasury yields as markets reassess the Federal Reserve rate path after Warsh’s speech. Upcoming jobs and inflation data are likely to determine whether the US Dollar Index can challenge the 100 handle or retreat toward 98.

The US dollar is drawing support from rising short-term Treasury yields after Warsh’s speech revived expectations for another Fed rate increase. Upcoming jobs and core inflation data are set to determine whether the dollar index can challenge the 100 handle or retreat toward nearby support.