Dollar Sees Support from Hawkish Fed Comments

The dollar index (DXY00) Friday rose slightly by +0.07%. The dollar saw support from hawkish Fed comments and negative inflation news, which sparked a +4.9 bp rise in the 10-year T-note yield to 4.502% and reduced Fed rate-cut expectations. Hawkish Fed…

Dollar Sees Support from Hawkish Fed Comments

The dollar index (DXY00) Friday rose slightly by +0.07%. The dollar saw support from hawkish Fed comments and negative inflation news, which sparked a +4.9 bp rise in the 10-year T-note yield to 4.502% and reduced Fed rate-cut expectations. Hawkish Fed…