British Pound (GBP) Latest: GBP/USD Benefiting From Weak USD, Treasury Yields

GBP/USD has now recovered all the ground lost last week, benefiting from a weaker US Dollar prompted by lower Treasury yields following their previous strong rise higher.

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US Dollar May Resume Slide as Yields Turn Lower on Strong Treasury Demand

Strong demand for US 10-year Treasuries and the reiteration by several Federal Reserve members that the central bank is not looking to taper its QE program may halt the US Dollar’s recent recovery.

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Crude Oil Prices Hit 11-Month High on Reflation Hopes, Falling Stockpiles

Crude oil prices reached their highest level since Feb 2020 on reflation hopes and a large draw in crude inventories from the latest API report. A weaker US Dollar and a flattening Treasury yield c…

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Nasdaq 100 Rebounds with Falling USD. Will Hang Seng, ASX 200 Follow?

Wall Street stocks closed marginally higher overnight, led by energy and material sectors. The US Dollar retreated alongside Treasury yields. Asia-Pacific markets look set to open slightly lower.

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