US Dollar Soars on Hawkish Powell Booting Bonds Lower as Yields Rise. Where to for USD?

The US Dollar was further boosted after Federal Reserve Chair Jerome Powell made it clear that a 50 basis-point hike is coming in May. Will USD uptrend continue?

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Dow Jones, Nasdaq 100 Drop on Fed Powell Commentary. ASX 200 Trendline Break Eyed

The Dow Jones and Nasdaq 100 fell as Fed Chair Jerome Powell kept boosting 50-basis point rate hike bets. Ahead, the ASX 200 is pressuring a key trendline despite strong Australian PMI data.

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AUD/USD Falls as US Yield Surge Pressures Risk-Sensitive Currencies Against US Dollar

The Australian Dollar fell overnight as a surge in Treasury yields boosted the US Dollar. Australian PMI data showed the Aussie economy's recovery is gaining steam. Japanese CPI data is in focus to…

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Nasdaq 100 Sinks as Tesla’s Rally Fades, Traders Capitulate on Fed Jitters, Yields

U.S. stocks erase morning gains and sink in the late trade, weighed by rising yields on expectations that the Fed will aggressively remove policy accommodation to counter soaring inflation.

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