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Dollar rides yield surge as Middle East and trade wars raise inflation stakes
The dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S. Treasury yields climbed significantly, reaching multi-month highs. The yen remained near a 40-year low against the dollar. Investors anticipate central bank decisions amid inflationary pressures.
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cryptobriefing.com
Dollar softens as investors weigh Middle East tensions against inflation data
The US dollar is sliding as soft June CPI data collides with Middle East tensions, dragging Bitcoin below $62K and complicating Fed policy bets.
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channelnewsasia.com
US-Iran tensions underpin dollar as yen nears 40-year low
TOKYO, July 23 : The dollar largely stabilised on Thursday as renewed U.S.-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency, while the yen…
