Home » Currency Note » Currency Note » Currency Note USD » USD: Dollar strong due to rising yields

The dollar is stronger this morning due to rising treasury yields, which have been rising since the beginning of this week.

It is also strong ahead of the Federal Reserve’s meeting next week, where officials are expected to make a decision on whether to raise interest rates. The decision will be revealed on Wednesday January 26.

There are no major data releases in the US this week, but homes sales and jobless claims figures will be released tomorrow.

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