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EURUSD Faces Pressure as Surging US Treasury Yields Boost Dollar

Moneycontrol Read original source (opens in a new tab)
The Story

News Summary

  • The Indian rupee rallied on strong RBI-driven dollar inflows, though importer demand capped gains.
  • Concurrently, rising crude oil prices and spiking U.S.
  • Treasury yields to 4.78% have bolstered expectations for a Federal Reserve rate hike, increasing upward pressure on the U.S.
  • dollar against major peers.
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Stored market data

EURUSD price history

1.16 +0.00% over the displayed period

Advisor Snapshot

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