Dollar Likely to Close The Week Lower as Treasury Yields Fall on Tariff Impact
The US dollar can remain under pressure and is ready to close less during the week, as the markets digest to President Donald Trump liberation tariffs.
Although the dollar is weakening, the US treasures continue to gather, and the 10-year yield is 4% down for the first time in six months. “The expectations of magical monetary policy also weighed the profitability of the United States,” said Chizikos.
On Thursday, the DXY dollar index increased by 0.3% and made 102.396, although it remains 1.6% during the week.
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