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Bonds rally, dollar dips on Treasury choice
Dollar slips with bond yields on Treasury nomination
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might be fleeting.
Morning Bid: Bonds rally, dollar dips on Treasury choice
A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the market reaction to the choice of fund manager Scott Bessent as incoming U.S. Treasury Secretary, with the main feeling one of relief that he's a mainstream candidate rather than an unknown.
Stocks bounce, dollar slides with bond yields on Bessent pick
SINGAPORE (Reuters) -Asian stocks rallied with U.S. equity futures on Monday, while the dollar retreated against rivals as bond yields slid following the selection of fund manager Scott Bessent as the next U.
1d
The U.S. Dollar: How Strong Will It Get
The U.S. dollar has strengthened, with the exchange rate at $1.04 per Euro as of November 22, 2024. Check out the factors ...
3d
Dollar climbs, euro weakens to two-year low after PMI data
The euro slumped to a two-year low while the dollar gained on Friday after gauges of business activity were released in each ...
11d
Why the Dollar Keeps Getting Stronger
President-elect Donald J. Trump often says he prefers a weaker dollar, but economists and investors think his proposed ...
3d
on MSN
How China Could Weaken the US Dollar
China has shown it can "operate as an alternative manager of dollar liquidity right in the heart of the petrodollar system," ...
5d
The US dollar is already a loaded weapon. What next?
The apparent decay in the institutions that underpin the power and credibility of the dollar – and its issuer – are the focus ...
3d
on MSN
Trump goes to war with the press: multi-billion dollar lawsuits and commands to ‘kill’ media protections
The president-elect spent his campaign suing news organizations for billions of dollars. In office, he could strip press ...
4h
on MSN
Dollar, US Yields Fall on Bets Bessent Will Dilute Trump Plans
The dollar fell and US government bonds rallied after Donald Trump picked Scott Bessent to run the Treasury, a Wall Street ...
3d
on MSN
What Happens to the U.S. Dollar During a Trade Deficit?
Trade deficits happen when imports exceed exports. During a trade deficit, the U.S. dollar generally weakens, driving foreign ...
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