– “US Dollar Index Falls Today, But Remains Near 10-Week High: US Treasury Yields and Interest Rate Speculation” – “US Dollar Index Close to Highest Level in 10 Weeks Amidst Rise in US Treasury Yields” – “US Dollar Index Falls Slightly as Speculation Mounts on Longer High Interest Rates” – “US Dollar Index Holds Near 10-Week High Despite Minor Dip: Rise in US Treasury Yields Impacts” – “US Dollar Index Maintains Strong Position in Light of Rising US Treasury Yields and Interest Rates”

The US dollar index fell today, Tuesday, but remained close to its highest level in 10 weeks against a basket of major currencies, in light of the rise in US Treasury yields and speculation that US interest rates will remain high for a longer period.

The dollar index fell 0.1 percent to 103.24, but it remained not far from the high level it recorded on Friday at 103.68, which it has not seen since June 12. The dollar also remained close to its highest levels since November against the yen.

Against the Japanese currency, the dollar fell 0.1 percent to 146.125 yen, after earlier rising to 146.425, bringing it close to Thursday’s peak of 146.565, the highest since November 10.

The euro rose 0.1 percent to $1.09055, while the yuan witnessed little change in the latest offshore transactions, recording 7.2872, after rising about 0.1 percent.

2023-08-22 05:56:00
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